NASDAQ 100 | Daily Technical Outlook
Market Structure
The NASDAQ 100 is extending its recovery phase after forming a higher low near the $24,400–$24,500 region. The index has now reclaimed the $25,200–$25,300 area, shifting short-term momentum back in favor of buyers.
On the daily timeframe, price remains within a broader consolidation range following the previous rejection from the $26,000 zone. However, the recent impulsive push higher and reclaim of mid-range levels suggest improving bullish conditions. Moving averages on lower timeframes (M15/H1) are positively aligned, reflecting sustained short-term upside pressure.
The market is currently approaching a key inflection area that will determine whether this recovery evolves into a broader breakout.
Key Resistance Zone
Immediate resistance stands at:
- $25,400 – $25,600 (mid-range supply zone)
A confirmed breakout above $25,600 would expose:
- $25,900
- $26,000 (major structural resistance)
- $26,300 (previous swing high)
Failure to clear $25,600 may lead to renewed consolidation.
Key Support Zone
Immediate support is located at:
- $25,000 – $24,900 (recent breakout base)
A breakdown below $24,900 would weaken the short-term bullish structure and expose:
- $24,500
- $24,200
- $23,900 (major demand zone)
A daily close below $23,900 would shift the broader bias back to bearish.
Expectations
Bullish Scenario (Primary)
As long as the index holds above $24,900, buyers remain in control.
A break above $25,600 could accelerate momentum toward $25,900 and potentially $26,000.
Bearish Scenario (Alternative)
Rejection from $25,600 followed by a drop below $24,900 would signal fading momentum, opening the door for a deeper retracement toward $24,500.
Outlook
The NASDAQ 100 is recovering within a broader consolidation structure, with short-term momentum favoring buyers. The $25,600 level remains the key breakout trigger. Holding above $24,900 keeps the bullish recovery intact, while failure to do so could return the index to corrective conditions.
