NDXUSD

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NDXUSD

After the employment data indicating tightness in the US labor markets at the close of the week, the Nasdaq index, which recovered by nearly 1%, is moving horizontally negative in the Asian session on the first trading day of the week. When we technically examine the short-term pricing of the Nasdaq index futures contract, we are following the 18000 - 18100 region. As long as the index moves below the region, negative expectations may come to the fore. If downward pricing continues, the 18000 and 17900 levels may be encountered. In the alternative case, permanent pricing above the 18000 - 18100 region may be needed for the upward demand to come to the fore. Under this condition, the 18200 and 18300 levels may come to the fore. Support: 18000 - 17900 Resistance: 18200 - 18300