NASDAQ 100 | Daily Technical Outlook
Market Structure
The NASDAQ 100 remains in a broader bullish structure, but recent price action reflects loss of momentum and growing consolidation below resistance. After posting fresh highs, the index faced a sharp pullback before stabilizing, indicating profit-taking rather than a full trend reversal.
Price is now trading in a tight range near the 25,400 area, suggesting the market is digesting gains while awaiting a directional catalyst. The higher structure remains constructive as long as key support levels continue to hold.
Key Resistance Zone
The primary resistance is located at 25,500–25,750, where upside attempts have repeatedly stalled.
Additional resistance levels:
- 26,000
- 26,300–26,500 (major bullish continuation zone)
A sustained breakout above 25,750 would confirm renewed upside momentum and signal trend continuation.
Key Support Zone
Immediate support sits around 25,300–25,400, an area currently acting as short-term demand.
Below this zone, downside support levels include:
- 25,000
- 24,600–24,800 (major structural support)
A break below 25,000 would increase the risk of a deeper corrective move.
Expectations
Bullish Scenario (Primary)
As long as US100 holds above 25,300, the broader bullish bias remains intact.
A breakout above 25,750 would open the door toward:
- 26,000
- 26,300–26,500
Bearish Scenario (Alternative)
Failure to hold 25,300, followed by a break below 25,000, could trigger a corrective move toward:
- 24,800
- 24,600
This would likely remain corrective unless deeper support is lost.
Outlook
The NASDAQ 100 is consolidating below resistance after a strong advance, reflecting reduced momentum and two-sided risk. Bulls remain in control above 25,300, while a breakout above 25,750 is needed to unlock further upside.
Bias: Bullish while above 25,300
Invalidation: Daily close below 25,000
