NASDAQ 100 | Daily Technical Outlook
Market Structure
The NASDAQ 100 remains in a broader corrective phase after the sharp decline seen in late January. Price has recently stabilized above the $24,800 – $25,000 demand zone and is attempting a short-term recovery.
However, the overall structure on higher timeframes still reflects lower highs, suggesting that upside momentum remains corrective unless key resistance levels are reclaimed.
Key Resistance Zone
Immediate resistance stands at $25,300 – $25,400, where price is currently facing selling pressure. This area aligns with recent intraday rejections and short-term moving average resistance.
Additional resistance levels:
- $25,600
- $25,900 – $26,000 (major structural resistance and prior breakdown zone)
As long as the index trades below $25,400, upside attempts may remain limited.
Key Support Zone
Primary support is located at $25,000 – $24,900, a zone that recently acted as a demand base.
A breakdown below $24,900 would expose deeper downside targets:
- $24,600
- $24,300 – $24,200 (major structural support zone)
Losing $24,200 would confirm renewed bearish continuation.
Expectations
Bearish Scenario (Primary)
If the NASDAQ 100 fails to break and hold above $25,400, sellers may regain control.
A move below $24,900 could trigger further downside toward $24,600 and potentially $24,300.
Bullish Scenario (Alternative)
A sustained breakout above $25,400 would signal improving bullish momentum, opening the path toward:
- $25,600
- $25,900 – $26,000
A strong close above $26,000 would weaken the broader corrective structure.
Outlook
The NASDAQ 100 is attempting a short-term recovery, but the broader structure remains cautious below $25,400. A breakout above resistance is required to confirm bullish continuation, while a break below $24,900 could reactivate downside pressure toward deeper support levels.
