NASDAQ 100 | Technical Outlook
Market Structure
The NASDAQ 100 is attempting to stabilize after a sharp corrective sell-off that broke short-term bullish structure. The index experienced a strong impulsive decline from the recent highs, followed by a recovery bounce that has now transitioned into a consolidation phase.
While price has rebounded from the recent low, the broader structure still reflects corrective behavior within a larger uptrend, rather than a fully restored bullish trend.
On the lower timeframes, momentum has shifted neutral-to-bullish, but the index is currently trading into a key supply zone, where upside continuation may face resistance.
Key Resistance Zone
The nearest resistance is located around 25,380 – 25,450, where price previously broke down aggressively. This zone aligns with moving-average resistance and prior structure.
Additional resistance levels:
- 25,550
- 25,700 – 25,800 (major bearish rejection zone)
As long as the index remains below 25,450–25,500, upside moves are vulnerable to renewed selling pressure.
Key Support Zone
Immediate support is found around 25,120 – 25,180, which has acted as a short-term demand area during the recent rebound.
If this support fails, downside targets open toward:
- 24,950
- 24,700 – 24,600 (major structural support)
A breakdown below 24,600 would signal a deeper corrective phase and shift the medium-term bias more decisively bearish.
Expectations
Bullish Scenario (Alternative)
If price holds above 25,120 and successfully breaks above 25,500, the index could extend higher toward:
- 25,700
- 25,900 – 26,000
A clean break and hold above 25,800 would confirm renewed bullish momentum and continuation of the broader uptrend.
Bearish Scenario (Primary)
Failure to reclaim 25,450–25,500 increases the probability of a pullback.
A breakdown below 25,120 would likely accelerate selling toward 24,950, with potential extension into 24,600.
Outlook
The NASDAQ 100 remains structurally bullish on the higher timeframes, but short-term price action is corrective and capped by key resistance. Buyers need a confirmed break above 25,500 to regain control. Until then, the index remains vulnerable to pullbacks, especially if support at 25,120 fails.
