NDXUSD

The NASDAQ100 Index has been under pressure as the ISM services PMI data exceeded expectations and the JOLTS job openings showed expansion. These data from the US caused a rise in 10-year bond yields and had a negative impact on NASDAQ100. Additionally, factors such as the release of ADP non-farm employment change, unemployment claims, the speech by FOMC member Waller, and the FOMC meeting minutes to be announced during the day may affect market movements.

Technically, the NASDAQ100 index is trading within the 21400 – 21600 support zone. For positive movements to continue, a sustained move above the 21600 level is necessary. In this case, the 21700 and 21800 resistance levels can be monitored. However, if it remains below the 21400 support, the index's downward movement may extend to the 21300 and 21200 levels. The RSI indicator is at the 56 level, showing a slightly positive trend. The index has increased by 0.26% compared to the last close and should be monitored within the framework of a decision-making scenario.