NDXUSD

image

NDXUSD

US inflation and retail sales data will determine the direction of the technology index. In particular, interest rate guidance and growth outlook may lead to volatility in technology stocks. Below-expectation data from the US side may support the index.

Technical Levels: 23951.04 - 23674.51 - 23397.99 - 22844.94 - 22477.03 - 22251.89 - 22015.36

Resistance levels of 23674.51 and 23951.04 can be monitored above the pivot level of 23397.99. In relaxations below the pivot of 22844.94, support levels of 22477.03 and 22251.89 will come to the forefront.