NDXUSD

The Nasdaq 100 index is showing a strong stance by staying above the pivot level of 22699.99, but the indecision in the recent candles is noticeable. The FOMC minutes on Wednesday and unemployment data on Thursday could determine the direction of technology stocks. If the minutes and data support risk appetite, the index may continue its rise past the resistance of 22787.88 towards the level of 22862.84. In a potential risk-off scenario, the first support will be at 22625.03, and if that is broken, the level of 22537.14 will come into focus.