NDXUSD

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NDXUSD

The Nasdaq Stock Index gained 2.63% in the last trading session. The index has experienced a loss of 7.48% over the past month and recorded a drop of 13.78% since the beginning of the year. When evaluating macroeconomic factors, the U.S. Treasury Secretary's statements regarding the unsustainability of the U.S.-China trade dispute have positively affected market dynamics. After the recent selling pressure observed in technology sector stocks, a limited recovery trend is noteworthy. Statements from the U.S. President indicating he has no intention of dismissing the Fed Chair led to increases of 1.1% in Dow Jones futures, 1.4% in S&P 500 futures, and 1.6% in Nasdaq 100 futures. While technical indicators suggest a potential for a short-term recovery, considering the performance recorded since the beginning of the year, a positive outlook may be possible, and it is anticipated that pricing may continue according to President Trump's statements.

Support :

17913.06 - 17507.06 - 17182.56

Resistance :

19129.53 - 18805.04 - 18562.05