NDXUSD

The Nasdaq index, which is highly sensitive to interest rates, will be focused on Wednesday's FOMC minutes and Friday's speech by Fed Chair Powell. Hawkish messages from the Fed in the second half of the week could increase the discount pressure on technology stocks, while dovish signals could trigger a relief rally. Thursday's PMI data may also increase volatility.

Technical Levels: 23,951.75 - 23,870.20 - 23,820.70 - 23,708.60 - 23,623.70 - 23,546.50 - 23,485.45
Technical Comment: Resistance levels of 23,820.70 and 23,870.20 can be targeted above the pivot level of 23,708.60. Below the pivot, support levels of 23,623.70 and 23,546.50 should be monitored.