Nasdaq 100 | Technical Outlook
Market Structure
The Nasdaq 100 remains in a well-defined bullish trend across higher timeframes. Despite recent pullbacks and intraday volatility, price action continues to respect higher lows and holds above key medium-term support levels, confirming trend continuation rather than distribution or correction.
On the daily chart, the index is consolidating after a strong advance, with price holding above rising moving averages. This consolidation appears constructive, signaling digestion of gains rather than bearish reversal. Lower timeframes show shallow retracements followed by renewed buying interest, reinforcing bullish control.
Overall structure remains bullish with healthy pauses, typical of trending markets.
Key Resistance Zone
Immediate resistance is located around:
- $25,550 – $25,600
This zone marks recent highs where price has temporarily stalled, indicating short-term supply.
A confirmed breakout above this resistance would open the door toward:
- $25,850
- $26,100 (next upside expansion zone)
Sustained acceptance above $25,600 would strongly reinforce upside continuation.
Key Support Zone
Primary support is defined at:
- $25,350 – $25,400
This area aligns with prior structure and short-term moving average support.
Below this, additional support levels include:
- $25,150
- $24,950 – $25,000 (major trend-defense zone)
As long as price holds above $25,000, the broader bullish structure remains intact.
Expectations
Bullish Scenario (Primary)
The dominant scenario favors continued upside as long as price remains above $25,350.
A push above $25,600 would likely trigger momentum-driven buying, exposing $25,850 and potentially $26,100 in extension.
Bearish Scenario (Alternative)
A sustained breakdown below $25,350 could trigger a deeper pullback toward $25,000. However, unless price decisively loses $25,000, downside moves are expected to remain corrective and short-lived, not trend-reversing.
Outlook
The Nasdaq 100 continues to trade within a strong bullish framework, with buyers consistently stepping in at key support zones. Recent pullbacks reflect trend consolidation rather than weakness, and the broader outlook remains constructive as long as price holds above major support.
Momentum favors upside continuation, with a breakout above recent highs likely to resume the broader advance.
