NDXUSD

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NDXUSD

The negative movement of mega-cap technology stocks such as Nvidia, Microsoft, AMD, Meta and Alphabet continued to put pressure on the NDXUSD Index. For index pricing, the core PCE price index change and Michigan consumer sentiment can be monitored during the day. When we evaluate technically, the positive trend can continue as long as the downward demand is limited in the 18890 - 18795 area. If the upward demand continues, a movement area can be formed towards the 19120 and 19250 levels. In the alternative view, permanent pricing may be needed below the 18890 - 18795 area for the downward trend to become dominant. In this case, movements towards the 18680 and 18560 levels can be monitored. Support: 18890 - 18795 Resistance: 19120 - 19250