NDXUSD

The NASDAQ100 index is showing a recovery trend due to the limited declines in the U.S. 10-year bond yield. The decrease in bond yields creates a favorable environment, especially for technology companies. The financial results of major companies like Walmart and Nvidia may play a significant role in the index's performance. Additionally, reports that the Trump administration may ease regulations for autonomous vehicles have increased interest in the technology sector. However, the rise in global geopolitical risks and uncertainties regarding the Fed's interest rate policy are factors investors need to be mindful of.

From a technical perspective, the NASDAQ100 index is trading in the 20680 - 20785 range on the 4-hour chart. This area can be considered a decision phase in the short term. Sustaining above the 20785 level is necessary for the continuation of the upward trend. Should this occur, movements toward the 20820 and 20900 resistance levels can be observed. In downward movements, the 20680 level is a critical support position, and if there close below this level for a 4-hour period, the 20605 and 20500 support levels may come into focus. The RSI indicator maintains a neutral course. The index has increased by 0.21% compared to the previous day.