NDXUSD

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NDXUSD

The lack of TDI data creates a significant gap in determining how the Fed will make its interest rate decision. This situation could support technology stocks by increasing expectations for interest rate cuts. However, the economic slowdown and political chaos caused by a government shutdown have the potential to exert much heavier pressure on the index, as they would negatively impact corporate profitability and investor confidence. The market is caught between the expectation of a "looser Fed" and the reality of a "slower economy." Therefore, President Trump's speeches and the steps to be taken by the administration will be the most important factors in determining the direction of the index. The index may exhibit volatility between 24985 (Resistance 2) and 24881 (Support 1).