NDXUSD
NDXUSD
In the second half of the week, interest rate sentiment remained high. Today, an upward revision of Michigan inflation expectations could increase discount pressure on technology stocks; a downward revision, on the other hand, could trigger a relief rally. Company news flow and the effects of options expiration could also increase volatility.
Technical Levels:
23951.04 - 23674.51 - 23397.99 - 22844.94 - 22477.03 - 22251.89 - 22015.36
Above the 23397.99 pivot, the resistances at 23674.51 and 23951.04 could come into play. Below 22844.94, the supports at 22477.03 and 22251.89 should be monitored.