NASDAQ 100 | Daily Technical Outlook
Market Structure
NASDAQ 100 has shifted into a short-term recovery phase after bouncing from the recent lows near the 24,400 region. The index formed a series of higher lows across intraday timeframes, indicating improving bullish momentum following the sharp corrective decline seen earlier this week.
Price has now reclaimed the 25,000 psychological level and is attempting to stabilize above it. However, the broader structure on higher timeframes still reflects consolidation beneath a key resistance zone, suggesting that upside continuation will require a decisive breakout above recent highs.
Key Resistance Zone
Immediate resistance is located at:
25,100 – 25,200
This zone represents:
- Recent intraday highs
- Short-term supply area formed after the latest rally
- Confluence with prior breakdown structure
Stronger resistance stands at:
25,350 – 25,500
A sustained break above 25,200 would likely confirm renewed bullish momentum.
Key Support Zone
Immediate support is located at:
24,950 – 25,000
Below that, further downside opens toward:
24,700 – 24,800
A decisive break below 24,950 could trigger a deeper pullback toward the lower support region.
Expectations
Bullish Scenario
If NASDAQ 100 maintains support above 25,000, buyers may push the index toward 25,200, with a potential extension toward 25,350.
Bearish Scenario
Failure to hold above 25,000 could reintroduce selling pressure. A break below 24,950 may expose 24,800 as the next downside target.
Outlook
NASDAQ 100 is attempting to recover after the recent correction, with short-term momentum turning constructive. However, the index remains within a broader consolidation range, and a decisive breakout above 25,200 will be required to confirm a stronger bullish continuation.
