NDXUSD

The Nasdaq 100, as an index with high sensitivity to interest rates, is entering a valuation test with Thursday's GDP revision and Friday's core PCE data. Holding above 23397.99 could open up space towards 23674.51 and 23951.04; in a weak risk appetite, supports at 22844.94 and 22477.03 come into play. A below-expectation PCE could create relief in growth stocks by easing discount rate pressure; a strong PCE, on the other hand, could push yields up, triggering sales in the technology sector. Confirmation based on closing and risk control sensitive to news flow are important.