NAS100 -Investors Brace for CPI Data; Nasdaq Futures Hold Steady

Futures Muted Ahead of Data-Packed Week with CPI in Focus

U.S. stock index futures remained subdued on Monday as investors prepared for a data-heavy week, with particular attention on U.S. consumer price index (CPI) data. This release will provide critical insights into the Federal Reserve's potential interest rate decisions in September.

Nasdaq Technical Analysis

Next Outlook:
The price is expected to consolidate between 18,650 and 18,435 until a breakout occurs.

Bullish Scenario:
If the price remains above 18,435, it will support a rise towards 18,930, particularly if a 4-hour or 1-hour candle closes above 18,650.

Bearish Scenario:

If the price reverses and stabilizes below 18,435, it could support a decline toward 18,150 as the first target.

Key Levels:

- Pivot Line: 18,625
- Resistance Levels: 18,760, 18,930, 19,210
- Support Levels: 18,435, 18,140, 17,880

Today's Expected Range:
The price is anticipated to fluctuate between 18,435 and 18,930.

Tendency: Uptrend, as long as trading remains above 18,435.

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