NDXUSD

The Nasdaq 100 index is trading at 23,218 and ended yesterday with a loss of 0.55%. Today's U.S. employment and PMI data to be announced will be decisive for the index's trend. If the employment data falls below expectations, it could strengthen expectations for the Fed to implement further interest rate cuts, supporting technology stocks. Technically, the levels of 23,948.30 and 24,119.30 stand out as the first significant resistances, while the levels of 23,784.70 and 23,466.50 will be monitored as supports below. Considering that the index has gained 19.91% in the past year, short-term pullbacks can be seen as a healthy consolidation.