NDXUSD

The NASDAQ100 Index showed a declining trend influenced by major companies like Tesla and Apple, despite limited movements in the U.S. 10-year Treasury bond yields. Tesla's delivery figures, which fell short of expectations, and negative news flows exerted pressure on the index, while Apple's sales decline in China also had a negative impact. Although rises in Nvidia and Meta slightly alleviated this negative picture, they could not prevent the overall downward trend of the index from continuing. Today, the markets will focus on data such as ISM manufacturing PMI and manufacturing prices.

From a technical perspective, the NASDAQ100 Index continues to trade below the 21300 – 21400 resistance zone on the 21-hour chart. If the downward movements continue, the 21200 and 21100 levels can be monitored as support. For an upward movement, a sustained trend above the 21300 – 21400 zone is necessary. If it surpasses this zone, the resistance levels of 21500 and 21600 may be targeted. The RSI indicator is at 45, displaying a slightly negative outlook. It is noted that the index experienced a 0.31% decline compared to the previous day.