Nasdaq 100 | Technical Outlook
Market Structure
The Nasdaq 100 remains in a broader bullish structure on the higher timeframes, but short-term price action shows increasing corrective pressure. After failing to sustain gains near recent highs, price has rolled over and pushed back below the 25,600–25,650 area, reflecting short-term distribution and weakening intraday momentum. While the daily trend still favors buyers, the latest impulse lower suggests a corrective phase within the broader uptrend rather than immediate trend continuation.
Key Resistance Zone
Upside attempts are likely to face supply around:
- 25,650 – 25,700 (prior breakdown level and intraday resistance)
- 25,780 – 25,850 (recent swing highs and upper supply zone)
A sustained recovery above 25,700 would be required to reassert bullish momentum toward recent highs.
Key Support Zone
Downside pressure is being absorbed around the following demand areas:
- 25,520 – 25,550 (near-term support and reaction base)
- 25,350 – 25,400 (deeper structural support and prior accumulation zone)
A decisive break below 25,350 would increase the risk of a deeper corrective pullback within the daily trend.
Expectations
Bullish Scenario (Primary)
As long as price holds above the 25,350-support zone, the broader bullish structure remains intact. Stabilization followed by a reclaim of 25,650 could open the door for a renewed push toward 25,800 and potentially fresh highs.
Bearish Scenario (Alternative)
Failure to hold above 25,520, followed by a clean break below 25,350, would confirm a deeper correction. In this case, sellers could extend losses toward lower daily demand zones before buyers re-emerge.
Outlook
The Nasdaq 100 remains structurally bullish on higher timeframes, but near-term momentum has turned corrective. Short-term volatility may persist as price digests recent gains. The broader bias stays constructive while key daily supports hold, though confirmation of renewed upside requires a recovery back above broken resistance level.
