Eyes Turned to PCE Data After Growth

NAS100 Technical Analysis

Ahead of the PCE data to be announced in the US today, a slightly selling trend is observed in the Nas100 futures index contract. If the retracements continue, 16780 and 16660 can be followed as important support levels in the short term. If recovery trends come to the agenda, 16970 and 17080 can be followed as resistance levels.
 
Resistances: 16970 / 17080 / 17180
Supports: 16780 / 16660 / 16570
 

JOHNSON AND JOHNSON Technical Analysis

The stock, which gained momentum with the upward crossing of the 20 and 50-day short-term exponential moving averages on Thursday, completed the day with a positive close. If the upward movements continue, the level of 156.36 and 157.23, where the 100-day exponential moving average passes, can be followed as resistance levels in the short term. If the selling pressure increases during the day, 153.36, which corresponds to the fibo tranche of 23.6% in the short term, can be followed as a support level. If the 153.36 level is crossed downwards, 151.73 and 150.00 can be followed as other support levels, respectively.
 
Resistances: 156.36 / 157.23 / 158.66
Supports: 153.36 / 151.73 / 150.00
 

MARVELL Technical Analysis

If this level cannot be broken today in the stock approaching the 60.50 level, which is an important resistance in technical terms, 58.90-58.00 levels should be followed as important supports in profit sales that may come. In the short term, the upward trend can be maintained as long as it stays above the 58.00 level. If 60.50 resistance is exceeded, 61.70-62.40 resistances can be targeted.
 
Resistances: 60.50 / 61.70 / 62.40
Supports: 58.90 / 58.00 / 56.40
 

WHEAT Technical Analysis

Technically, if possible upward movements in Wheat, which follows a horizontal course in the short term, can be followed as resistance levels of $ 615.00 and $ 619.00. In downward pricing, $ 609.50 and $ 606.00 can be followed as support levels.
 
Resistances: 615.00 / 619.00 / 624.50
Supports: 609.50 / 606.00 / 602.00
 

COPPER Technical Analysis

If the upward movements in Copper, which closed above the downward trend that has been continuing since January 2023 on Thursday, continue, 394.30 and 395.30 dollars can be followed as resistance levels. In case of possible downward movements, 391.50 and 390.40 can be monitored as support levels.
 
Resistances: 394.30 / 395.30 / 396.50
Supports: 391.50 / 390.40 / 389.50