NASDAQ 100 | Technical Outlook
Market Structure
The NASDAQ 100 remains within a broader bullish structure on the daily timeframe, but recent price action signals growing corrective pressure after failing to sustain momentum near recent highs.
Following a sharp impulsive sell-off from the upper range, price found temporary stabilization and transitioned into a sideways-to-corrective phase, particularly visible on the H1 and M15 charts. The recovery attempts remain corrective in nature, with price struggling to regain strong upside traction above the mid-range levels.
On lower timeframes, momentum is mixed, reflecting indecision and range-bound conditions rather than trend continuation.
Key Resistance Zone
The primary resistance zone is located around 25,800 – 26,000, aligned with:
- Prior breakdown structure
- Lower highs on intraday timeframes
Additional resistance levels:
- 26,150 – 26,300 (recent swing high supply zone)
- 26,500 (upper daily resistance / trend continuation level)
As long as price remains capped below 26,000, upside moves are likely to remain corrective.
Key Support Zone
Immediate support is holding near 25,300 – 25,400, a zone that has repeatedly absorbed selling pressure across M15 and H1 charts.
Below this level, key downside targets include:
- 25,050 – 25,100 (short-term structural support)
- 24,800 (major H4 support zone)
A decisive break down below 25,300 would signal a deeper corrective phase toward the lower daily structure.
Expectations
Bearish Scenario (Primary)
The current structure favors continued consolidation or downside pressure as long as price trades below 26,000.
A confirmed break below 25,300 would likely accelerate selling toward 25,050, with potential extension to 24,800.
Bullish Scenario (Alternative)
A sustained break and hold above 26,000 would signal renewed bullish strength, opening the path toward:
- 26,300
- 26,500 (key trend continuation level)
Reclaiming 26,500 would restore bullish dominance on lower and medium timeframes.
Outlook
The NASDAQ 100 remains structurally bullish on the higher timeframe, but short-term momentum is corrective and fragile. Price is currently trapped between 25,300 support and 26,000 resistances, with a breakout required to define the next directional move. Until then, choppy price action and false breaks remain a risk, with sellers retaining short-term control below resistance.
