NDXUSD

This week, Nasdaq will be one of the instruments most sensitive to the Fed's decisions. Dove messages and interest rate cut signals from the Fed on Wednesday could bring buying to technology stocks, supporting the index. In this scenario, resistances of 21846.03 and 22070.56 can be targeted. However, a hawkish Fed and increasing geopolitical risks could put pressure on the index, triggering a pullback below the pivot level of 21648.91 towards the support of 21424.37. Due to the US markets being closed on Thursday, volatility may be high in the middle of the week.