NSDQ100 corrective pullback support at 23420US Tech 100TRADENATION:USTECTradeNationUS Macro: Q2 headline PCE revised down: +2.0% (vs +2.1%), core PCE steady: +2.5%. Jobless claims: 229k (vs 230k), continuing 1.954m (vs 1.966m). → Soft-landing narrative reinforced, easing recession fears. US Equities: S&P 500 +0.32% → 3rd straight gain, fresh ATH. NASDAQ +0.53% led by tech. Nvidia -0.79% on slowing revenue growth post-earnings. Europe: STOXX 600 -0.20%, FTSE 100 -0.42% lagged. Eurozone econ sentiment index fell to 95.2 vs 96.0 exp. → weaker sentiment backdrop. What’s next: US July PCE inflation + spending data (today) → key for Fed path. Eurozone CPI flash (Germany/France/Italy) → ECB watch. Japan Tokyo CPI + activity data → BoJ implications. Alibaba/BYD earnings → China sentiment gauge. Key Support and Resistance Levels Resistance Level 1: 23760 Resistance Level 2: 23880 Resistance Level 3: 23760 Support Level 1: 23420 Support Level 2: 23276 Support Level 3: 23050 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.