Nasdaq 100 Prepares for Launch — Reclaiming Critical GroundNAS100 8H TECHNICAL ANALYSIS 💻🧠
OVERALL TREND
📈 UPTREND — Structure is shifting bullish. Recent higher lows and strong rebounds from April lows confirm the current upward momentum. This is supported by 12/13 Moving Averages flashing BUY , including critical 50- and 200-period EMAs/SMA clusters. MACD and Momentum indicators also favor continued upside.
🔴 RESISTANCE ZONES
22,248.00 — 🔴 SELL STOPLOSS | Final Pivot High
21,955.77 — 🔴 SELL ORDER 2
21,364.19 — 🔴 SELL ORDER 1
🎯 TARGETS & BUY ORDERS
21,065.42 — 🎯 TP4 | EXIT THE RALLY
19,989.54 — 🎯 TP3 | Momentum confirmation
19,291.55 — 🎯 TP2 | Mid Pivot Zone
18,286.55 — 🎯 TP1 | Initial Profit Target
17,258.99 — ✅ BUY ORDER 1
16,630.74 — ✅ BUY ORDER 2
16,335.10 — ✅ BUY STOPLOSS | Pivot Low
🟢 SUPPORT STRUCTURE
PIVOT LOW @ 18,286 — Support holding for now
PIVOT LOW @ 17,258 — Strong confluence with previous structure
BUY ORDER zones between 16,330 – 17,258 — Demand cluster for reversals
🤓 STRUCTURAL NOTES
MACD shows bullish divergence with a rising histogram and crossover confirmation Momentum (+694) and RSI (66.69) suggest strength, though nearing overbought territory Price has reclaimed 10, 20, 50, 100, and 200 MA levels — rare alignment of major trend confirmation
Only outlier: Hull MA (9) signaling short-term overextension — may suggest brief consolidation before continuation
🌍 GLOBAL TECHNICAL SUMMARY
📊 12 of 13 Major Moving Averages = BUY
📈 MACD & Momentum Oscillators = BUY
🧭 Majority of Oscillators = Neutral — supporting a “calm before breakout” thesis ⚖️ CCI shows slight overbought = caution near resistance zones
📉 No major bearish divergence detected — trend remains intact
TRADE OUTLOOK 🔎
📈 Bullish Bias above 18,286.55 (TP1) targeting 19,291.55 (TP2) and beyond
📉 Bearish rejection likely near 21,065+ if volume fades — monitor RSI/MACD
👀 Watch for volume confirmation as we approach 19,989.55
🧪 STRATEGY RECOMMENDATION
CONSERVATIVE BREAKOUT ENTRY:
— Entry: 18,286.55
— TP Levels: 19,291.55 / 19,989.55 / 21,065.42
— SL: Below 17,258.99
RISK-ON DIP BUY STRATEGY:
— Buy Zone: 16,630 – 17,258
— TP: 18,286.55 / 19,291.55
— SL: Below 16,335.10
“Discipline | Consistency | PAY-tience”
