Nasdaq 100 | Daily Technical Outlook
Market Structure
The Nasdaq 100 remains in a broader bullish structure on higher timeframes, with price continuing to trade above rising medium- and long-term moving averages. However, recent price action shows signs of consolidation after the latest impulsive push higher, suggesting momentum is slowing near upper resistance.
On lower timeframes, the index is moving sideways with lower highs, indicating short-term corrective behavior within the prevailing uptrend.
Key Resistance Zone
Upside progress is currently capped by a well-defined supply area:
• 25,750 – 25,850 (recent swing high and rejection zone)
• 26,000 (psychological resistance and major daily extension level)
A sustained break above 25,850 would be required to resume trend continuation toward higher highs.
Key Support Zone
Price is holding above an important demand cluster:
• 25,650 – 25,700 (short-term structure support and consolidation base)
A break below this area would expose deeper downside levels:
• 25,500
• 25,200 – 25,300 (key daily demand and trend support zone)
This lower zone is critical to maintaining the broader bullish structure.
Expectations
Bullish Scenario (Primary)
As long as price holds above the 25,650-support zone, the broader bullish trend remains intact. A clean breakout above 25,850 would likely trigger renewed upside momentum, opening the door for a move toward the 26,000 psychological level.
Bearish Scenario (Alternative)
Failure to hold above 25,650 could lead to an extended pullback toward 25,500 and potentially the 25,200–25,300 demand zone. While such a move would remain corrective in nature, a sustained breakdown below 25,200 would weaken the bullish outlook.
Outlook
The Nasdaq remains structurally bullish on higher timeframes, but short-term momentum has cooled as price consolidates below key resistance. The 25,650–25,700 zone remains pivotal for directional bias. Holding above this area favors trend continuation, while a breakdown would signal a deeper corrective phase before any renewed upside.
