NASDAQ 100 | Technical Outlook
Market Structure
The NASDAQ 100 remains in a broader bullish structure on the higher timeframes, with the Daily chart still printing higher highs and higher lows above key long-term moving averages. However, recent price action shows a clear loss of upside momentum in the short term. After failing to hold recent highs, the index has transitioned into a consolidation-to-corrective phase rather than trend continuation.
On the H4 and H1 charts, price is moving sideways with a mild bearish tilt, reflecting profit-taking after the prior rally. Moving averages on intraday timeframes are flattening, confirming reduced directional conviction.
Key Resistance Zone
Immediate resistance is located around:
25,550 – 25,620
This zone represents:
- Prior intraday supply
- A rejection area where upside attempts repeatedly fail
A sustained break above 25,620 would signal renewed bullish momentum and open the path toward:
- 25,800
- 26,000 (major psychological resistance)
As long as price remains capped below this zone, upside is limited.
Key Support Zone
Immediate support is holding around:
25,450 – 25,400
This level aligns with:
- Short-term demand
- Rising H4 moving average support
A decisive break below 25,400 would expose lower corrective targets:
- 25,200
- 25,000 (key structural support)
A daily close below 25,000 would indicate a deeper correction within the broader uptrend.
Expectations
Bullish Scenario
If the index holds above 25,400 and reclaims 25,620, buyers may regain control, targeting 25,800 and potentially 26,000.
Bearish Scenario (Near-Term Bias)
Failure to break above resistance keeps the market vulnerable to continued range trading or a corrective dip toward 25,200 – 25,000.
Outlook
The NASDAQ 100 remains structurally bullish on the higher timeframes, but short-term momentum has cooled. Price is currently range-bound, and the next directional move will depend on whether 25,620 resistance or 25,400 support gives way first.
