NASDAQ 100 | Daily Technical Outlook
Market Structure
The Nasdaq 100 is currently undergoing a short-term corrective phase after failing to sustain upside momentum from recent highs. Price action has shifted into a sequence of lower highs on intraday charts, while the broader daily structure remains constructive but vulnerable to deeper pullbacks if key support fails.
Recent selling pressure suggests momentum has cooled, with rebounds remaining corrective rather than impulsive, indicating hesitation from buyers at elevated levels.
Key Resistance Zone
Upside attempts are capped by a clearly defined resistance area:
- $25,750 – $25,800 (near-term supply and intraday rejection zone)
- $25,950 – $26,000 (major resistance and prior swing high region)
As long as price trades below $25,800, upside moves are likely to face renewed selling pressure.
Key Support Zone
The index is currently stabilizing around an important support band:
- $25,550 – $25,600 (short-term demand and structure support)
A confirmed break below $25,550 would expose lower downside levels:
- $25,300
- $25,000 – $25,100 (major daily support and broader trend defense zone)
This lower region is critical for maintaining the broader bullish structure.
Expectations
Bearish Scenario (Primary)
Failure to reclaim $25,800 would keep downside risks active. A clean break down below $25,550 could accelerate selling toward $25,300, with scope for an extension into the $25,000–$25,100 demand zone.
Bullish Scenario (Alternative)
Holding above $25,550 followed by a decisive reclaim of $25,800 would signal short-term stabilization. This would open the door for a recovery toward $25,950, though only a sustained break above $26,000 would restore strong bullish momentum.
Outlook
The Nasdaq 100 is in a short-term corrective mode, with sellers controlling price action below key resistance. While the broader trend remains constructive, the market remains vulnerable to further downside unless $25,800 is reclaimed. Holding above the $25,550 support zone is essential to prevent a deeper pullback toward major daily demand.
