Nasdaq 100 | Technical Outlook
Market Overview
The Nasdaq 100 experienced a sharp bearish move recently, driven by aggressive selling pressure that pushed the index lower across intraday timeframes. However, after reaching a key demand zone, price action has stabilized and shifted into a short-term consolidation phase.
Despite the recent pullback, the broader daily trend remains bullish, with the index still trading above major long-term moving averages. The current market behavior suggests a corrective pause rather than a full trend reversal.
Key Resistance Levels
The index is currently facing resistance around the following zones:
- 25,320 – 25,360 (near-term intraday resistance)
- 25,500 – 25,600 (key H4 resistance)
A sustained break above 25,600 would confirm bullish continuation and open the door toward:
- 25,800
- 26,000 (major psychological resistance)
Momentum needs to strengthen above these levels for buyers to fully regain control.
Key Support Levels
On the downside, several important support levels are in focus:
- 25,200 – 25,150 (short-term support)
- 25,000 (psychological and technical support)
- 24,700 – 24,600 (major H4 demand zone)
As long as the index holds above 25,000, the broader bullish structure remains intact.
Outlook
Bullish Scenario (Primary Outlook)
- Price holds above 25,000
- Higher lows continue to form on M15 and H1
- Break above 25,600 confirms renewed upside momentum
Upside targets:
- 25,800
- 26,000
Bearish Scenario (Alternative)
- Failure to hold 25,000
- Increased selling pressure below intraday supports
Downside targets:
- 24,700
- 24,600
This scenario would indicate a deeper correction within the broader uptrend.
Overall Outlook
The Nasdaq 100 remains structurally bullish on higher timeframes, despite recent volatility. Current price action reflects consolidation after a sharp decline, not a confirmed trend reversal. Traders should monitor the 25,000-support zone closely and watch for a breakout above 25,600 to signal the next directional move.
The market is at a decision point—momentum expansion will determine whether buyers or sellers take control next.
