NDXUSD

This week, Nasdaq will be the most sensitive instrument to the messages from the Fed regarding its interest rate path. Dovish signals from the Fed on Wednesday could support the index by bringing buying to technology stocks and targeting the resistance level of 22150.00. However, a hawkish Fed and rising geopolitical risks may exert pressure on the index, causing a pullback below the pivot of 21843.22, towards the supports of 21705.71 and 21398.93.