NASDAQ 100 | Daily Technical Outlook
Market Structure
The NASDAQ 100 is maintaining a short-term bullish recovery within a broader mixed structure. On the daily timeframe, price remains supported above the recent swing lows while attempting to regain upside momentum after the prior corrective decline.
The latest impulsive move pushed the index back toward the $25,050 – $25,100 region, where price is currently testing resistance. Higher lows on the lower timeframes suggest buying pressure remains active, but the market is now approaching a key supply area that could determine the next directional move.
Key Resistance Zone
The nearest resistance stands at $25,050 – $25,100, aligning with recent highs and a visible supply reaction zone.
Additional resistance levels:
- $25,300
- $25,600 (major structural resistance)
As long as the NASDAQ 100 trades below $25,100, upside momentum may remain limited in the short term.
Key Support Zone
Immediate support lies around $24,900 – $24,950, where recent consolidation formed.
A breakdown below $24,900 would expose lower targets:
- $24,700
- $24,400 (key structural support)
A sustained move below $24,400 would weaken the current recovery structure.
Expectations
Bullish Scenario (Primary)
A confirmed breakout above $25,100 would open the path toward $25,300, with potential extension toward $25,600 if bullish momentum accelerates.
Bearish Scenario (Alternative)
Failure to hold above $24,900 could trigger a pullback toward $24,700. A deeper correction below $24,400 would shift momentum back in favor of sellers.
Outlook
The NASDAQ 100 is attempting to extend its recovery, but price is now testing a key resistance zone near $25,100. A breakout would confirm continued upside expansion, while rejection may lead to a short-term corrective pullback toward lower support levels.
