NDXUSD

The NASDAQ100 Index remains under pressure as the rise in US 10-year Treasury bond yields continues. Despite the positive impact of Alphabet's significant steps in quantum computing, the decline led by the technology sector is noteworthy. US CPI data will be closely monitored throughout the day and could play a crucial role in the Fed's monetary policy decisions. In global markets, a mixed trend is observed; Asian indices generally exhibit a volatile outlook.

According to technical analysis, the NASDAQ100 index continues with a decision-making scenario in the 21,400 – 21,500 range. For the index to gain a positive momentum, it needs to maintain sustainable movements above the 21,500 level. In this scenario, the resistance levels of 21,600 and 21,700 may come into focus. On the other hand, if sustained movement is achieved below the 21,400 level, declines towards the support levels of 21,300 and 21,250 are possible. The RSI indicator is at the 45 level, showing a slightly negative outlook. The index has experienced a 0.02% decrease compared to the previous day.