NDXUSD

In April, the NASDAQ experienced high volatility due to market uncertainty following Nvidia's warning of a significant $5 billion earnings loss amid rising US-China tensions, and Powell's warnings that trade tariffs would fuel inflation and slow growth. The technology-heavy index is particularly sensitive to tariff announcements and their potential impacts on global supply chains and inflation, and it may be negatively affected by high interest rates remaining in place to combat inflation, even if economic growth slows. Given this situation, the resistance levels for the NASDAQ, which is likely to continue facing selling pressure, are key levels to consider technically while trading, and assessing positions in the buying direction is seen as risky.