Record Highs for Nasdaq Futures Prompt Investor Reevaluation

Futures for the Nasdaq, along with other major US stock indices, have climbed to record highs, prompting investors to reassess their risk tolerance considering the current market valuations. Forecasts indicate that rate cuts could start by June, potentially fueling further gains. However, the upcoming release of Personal Consumption Expenditures (PCE) data this week will be watched carefully. The Nasdaq is targeting a new landmark of 18,800.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
18800	18600	18400	18000	17600	17400