NDXUSD
NDXUSD
On the U.S. technology index front, investors are tracking the U.S. growth data, core consumption indicators, and labor market figures to be released today. Should the U.S. economy maintain its strong outlook, a potential rise in bond yields and the dollar index could exert pressure on technology stocks.
Additionally, the JOLTS job openings data could provide significant signals regarding the overall health of the labor market. Shifts in global risk appetite may cause volatile price movements in technology shares. From a technical perspective, it is evaluated that downward pressure may continue to exert its influence in the short term.
Support
24319– 24212
Resistance
24623– 24751