NASDAQ

The technology-heavy index is attempting to hold above the pivot level of 17294.43. The first resistance is at 18507.35, while the first support is being monitored at 17120.95. The mixed financial results of technology companies and developments in artificial intelligence are creating fluctuations in the markets. The Fed's statements regarding monetary policy and movements in bond yields are affecting technology stocks. If it holds above 17500, it may test 18700, but if it declines below 18100, selling pressure may increase.