NDXUSD

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NDXUSD

While the NASDAQ100 index remains under pressure due to rising 10-year treasury bond yields, Tesla's financial results exceeding expectations are alleviating this pressure. During the day, unemployment claims and preliminary services and manufacturing PMI data could impact the index. While company profits led by the technology sector support the markets, uncertainties regarding the US elections and mixed trends in Asian markets are among other factors affecting the index.

From a technical perspective, when the NASDAQ100 index is examined on the 4-hour chart, a positive outlook may form if there are sustainable pricings above the 20500 level. In upward movements, resistance levels of 20680 and 20800 may come into focus. In downward movements, the support levels of 20500 and 20350 are monitored. The RSI indicator is at 55, showing a positive trend. The index has increased by 0.08% compared to the previous day. In light of this data, the market is exhibiting an indecisive course and continues its search for direction.

Support :

20680 - 20500 - 20350

Resistance :

20800 - 20900 - 21000