NASDAQ 100 | Daily Technical Outlook
Market Structure
The NASDAQ 100 remains in a well-defined bullish structure, supported by a steady sequence of higher highs and higher lows on the higher timeframes. After the recent upside extension, price has entered a short-term consolidation phase, with momentum cooling but no structural breakdown observed.
The broader trend remains constructive, with buyers continuing to defend key support levels following the latest push higher.
Key Resistance Zone
Immediate resistance is located around 26,100 – 26,250, where recent upside attempts have stalled. This area represents short-term supply after the latest rally.
Additional resistance levels:
- 26,450
- 26,700 (upper extension zone if bullish momentum accelerates)
A sustained break above 26,250 would reinforce bullish continuation toward higher levels.
Key Support Zone
Initial support is found near 25,850 – 25,900, where price has recently stabilized during the pullback.
Below that, the next key support zone sits at:
- 25,500 – 25,600 (major structural support)
A decisive break below 25,500 would weaken the bullish structure and signal a deeper corrective phase.
Expectations
Bullish Scenario (Primary)
As long as the NASDAQ 100 holds above the 25,500–25,600 support zone, the broader bullish trend remains intact. Consolidation above current levels could allow price to regain momentum and attempt a breakout above 26,250.
Bearish Scenario (Alternative)
A sustained move below 25,500 would confirm increasing downside pressure, expose lower support zones and extend the corrective phase before any potential trend continuation.
Outlook
The NASDAQ 100 continues to trade within a strong bullish framework, with the current pullback appearing corrective rather than trend-reversing. Buyers remain in control above key support, while a clean break above 26,250 would likely signal renewed upside momentum toward higher resistance levels.
