NDXUSD

The Nasdaq Index technically broke its upward trend, followed by sharp sell-offs. President Trump’s statements regarding trade wars caused selling in the index, while his threats related to Russia and Ukraine led to investors exiting the stock market. Due to the ongoing expectations for the Fed to shift to an interest rate cut policy, Trump's statements pose a significant threat to the Nasdaq Index, which could strengthen. Given the current context, Trump's remarks are more impactful, making it unlikely for the index to return to positive pricing in the near future.