Nasdaq 100 | Technical Outlook
Market Structure
The NASDAQ 100 remains in a well-established bullish structure across higher timeframes, with price holding comfortably above its key moving averages. The broader trend continues to show higher highs and higher lows, confirming that the dominant bias remains to the upside.
However, recent price action reflects compressed ranges and slower momentum, which is typical during the Christmas holiday period. With many institutional participants away from the market, buying and selling pressure has become more balanced, leading to controlled, sideways-to-slightly-bullish movement rather than impulsive continuation.
Key Resistance Zone
Immediate resistance is located at:
25,650 – 25,750
This zone represents:
- Recent intraday highs
- A short-term supply area formed during holiday consolidation
A clear break and sustained hold above 25,750 would reopen the path toward:
- 25,900
- 26,100 (upper bullish extension)
Key Support Zone
Immediate support is found at:
25,450 – 25,350
This area aligns with:
- Rising H1/H4 moving averages
- Previous breakout structure
A break below 25,350 could trigger a deeper pullback toward:
- 25,100
- 24,850 (key structural support)
Expectations
Bullish Scenario (Primary Bias)
As long as NASDAQ 100 holds above 25,350, the bullish structure remains intact. Consolidation above support suggests accumulation rather than distribution, with the index likely preparing for continuation once normal liquidity returns after the holiday period.
Bearish Scenario (Alternative)
A sustained breakdown below 25,350 would signal a temporary loss of bullish momentum, opening room for a corrective move toward 25,100. This would still be viewed as a pullback within a broader uptrend, not a trend reversal.
Outlook
NASDAQ 100 remains technically bullish across all major timeframes. Current price behavior reflects holiday-driven low participation rather than structural weakness. As long as key support levels hold, the broader outlook favors continuation higher once post-holiday trading activity resumes.
