Record Highs for Nasdaq Futures Signal Risk Appetite
The Nasdaq future, along with other key US indices, reached remarkable highs, maintaining risk-taking behavior. With projections suggesting the initiation of rate reductions possibly beginning in June, the rally may continue, but this week PCE will be observed closely. The Nasdaq's forthcoming target is identified at 18,800.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
18800 |
18600 |
18400 |
18000 |
17600 |
17400 |