NASDAQ 100 | Technical Outlook
Market Structure
The NASDAQ 100 is showing signs of short-term bullish recovery within a broader corrective structure. After forming a strong downside move earlier, price has rebounded sharply from the $24,300–$24,500 area and is now consolidating above former intraday resistance near $25,300.
Lower timeframes reflect improving momentum, while higher timeframes suggest the move remains corrective unless key resistance levels are reclaimed.
Key Resistance Zone
Immediate resistance is located at $25,350 – $25,500, where price previously failed and selling pressure emerged.
Additional resistance levels:
- $25,750
- $26,100 – $26,300 (major daily supply and trend resistance)
A sustained break and hold above $25,500 would strengthen bullish continuation prospects.
Key Support Zone
Primary support is holding around $25,200 – $25,250, now acting as a short-term demand base.
Below that, downside levels to watch:
- $24,900
- $24,500 – $24,300 (key structural support zone)
A breakdown below $24,900 would invalidate the current recovery and reopen downside risk.
Expectations
Bullish Scenario (Alternative)
If price holds above $25,200 and breaks $25,500:
- Upside extension toward $25,750
- Further recovery toward $26,100 becomes likely
Momentum on lower timeframes supports this scenario as long as higher lows remain intact.
Bearish Scenario (Primary Risk)
Failure to sustain above $25,200 would expose:
- A pullback toward $24,900
- Deeper retracement toward $24,500 if selling accelerates
The daily structure remains vulnerable unless price reclaims higher resistance levels.
Outlook
The NASDAQ 100 is attempting to stabilize after a corrective sell-off, with short-term bullish momentum developing above $25,200. However, the broader structure remains neutral-to-bearish unless price can reclaim and hold above $25,500. Traders should expect range behavior near resistance, while a break below $24,900 would shift focus back to downside continuation.
