NDXUSD

The technology-heavy NASDAQ Index is following a positive trend with strong growth data from China, while today's US retail sales data and Powell's speech will be closely monitored. If retail sales come in strong as expected (1.4%), it could indicate the vitality of the US economy and support the index. This situation also means that the Fed may delay interest rate cuts, making the tone of Powell's speech critically important. Technically, the 18,817 resistance will be watched, and if this level is broken, the 18,964 level could be targeted. The fact that US markets will be closed on Good Friday may increase volatility on Thursday, and there could be a trend of position closing in the markets.