NDXUSD

The NASDAQ100 Index is experiencing limited changes ahead of the earnings announcements from Netflix, Coca-Cola, and General Motors. The hope for a fair agreement between U.S. President Trump and Chinese President Xi Jinping during the upcoming meeting in South Korea has created a positive impact in reducing trade tensions. Meanwhile, following reports that Apple's iPhone 17 sales have surpassed those of the iPhone 16 in both the U.S. and China, there is an expectation of a rise in the index. Additionally, the U.S. federal government shutdown is expected to end this week.

The NASDAQ100 index is trading above the indicators observed on the 4-hour charts. If the index maintains its momentum above the 25025 – 25125 range, pricing may be observed towards the resistance levels of 25392 and 25450. Conversely, if a sustained move below the 25025 – 25125 range occurs, negative expectations may strengthen, increasing the likelihood of encountering levels around 24975 and 24900.