NDXUSD

The Nasdaq Index is moving around the pivot level of 21295.17. Developments in artificial intelligence in the technology sector and strong financial results from major tech companies are providing support to the index, while high valuations and uncertainty regarding the Fed's interest rate policy pose risks. Powell's recent statements indicate that inflation concerns persist. Technically, resistance levels to the upside are 21482.80, 21632.46, and 21801.11, while support levels to the downside are 21145.51, 20957.88, and 20789.24. In the upcoming period, U.S. inflation data, corporate earnings, and the Fed's interest rate decisions will be decisive for the index's performance.