NDXUSD

While the NASDAQ Index is under selling pressure, it has lost approximately 13% in the last three months and 19% since the beginning of the year due to Trump's trade policies and global market turmoil. After dropping 5.2% during the day on March 31, the index has shown a volatile trend, with rumors that Trump may postpone tariffs increasing short-term volatility. The technology sector has fallen to a 22% discount level, presenting opportunities, while stocks focused on Nvidia and artificial intelligence have partially recovered during declines. Technical indicators suggest that the downward trend may continue in the medium term, with 17,400 as a critical medium-term support level below 18,000, while 18,350 must be surpassed for a recovery. In the upcoming period, if the Fed's interest rate cut process becomes clearer, a recovery is expected in the index; however, if the opposite occurs, continued pressure is anticipated.