NASDAQ 100 | Technical Outlook
Market Overview
The NASDAQ 100 index remains in a broader bullish structure, supported by rising moving averages on the H4 and Daily timeframes. After a sharp selloff earlier, the index formed a strong base and staged an impulsive recovery, reclaiming key prior structure levels.
In the short term, price action has shifted into consolidation near recent highs. This pause appears corrective rather than distributive, suggesting the market is digesting gains while maintaining an overall bullish bias.
Key Resistance Levels
Immediate resistance is located at:
25,700 – 25,850
This zone represents:
- Previous daily supply
- Recent swing highs
- Psychological resistance near the upper range
A sustained breakout and daily close above 25,850 would open the door toward:
- 26,100
- 26,400 (major upside extension)
Key Support Levels
Immediate support is found at:
25,450 – 25,300
This area aligns with:
- Rising H1 and H4 moving averages
- Prior breakout structure
- Short-term demand zone
If price breaks below 25,300, downside risk increases toward:
- 25,000
- 24,700 (key H4 support)
Expectations
Bullish Scenario (Preferred While Above Support)
As long as the index holds above 25,300, bullish continuation remains favored. A break above 25,850 would likely trigger renewed upside momentum toward 26,100 and beyond. Pullbacks into support are likely to attract buyers.
Bearish Scenario (Only If Structure Breaks)
A decisive break down below 25,300 would signal loss of bullish control and could trigger a deeper corrective move toward 25,000 and 24,700. This scenario requires a clear close below support, not just intraday volatility.
Overall Outlook
The NASDAQ 100 remains technically bullish despite short-term consolidation. The broader trend structure is intact, and current price action suggests a pause before the next directional move.
Price behavior between 25,300 support and 25,850 resistances will define the next move. Until proven otherwise, the bias favors continuation higher rather than a trend reversal.
