Notice: This article is outdated and there is a newer version of this topic. View the Updated Article

NAS100 Price Forecast: Index Holds Bullish Momentum Near 28K

NAS100 Price Forecast: Index Holds Bullish Momentum Near 28K

NAS100 | Technical Outlook

Market Structure – NAS100 Price Forecast

NAS100 price forecast shows the index maintaining a strong bullish structure after breaking above a prior consolidation phase and continuing its upward trajectory. Price advanced impulsively from the 26,800 area, pushing higher toward the 27,800 region, where it is currently stabilizing.

The broader trend remains clearly bullish across H4 and Daily timeframes, supported by consistent higher highs and higher lows. However, short-term price action on M15 and H1 shows mild consolidation near resistance, suggesting a potential pause before the next move.

Key Resistance Zone

Immediate resistance is located at 27,800 – 28,000, supported by:

  • Recent swing highs
  • Psychological round number resistance
  • Extension of the current bullish leg

A breakout above this zone could trigger:

  • 28,300
  • 28,800 (higher timeframe target)

Failure to break above 28,000 may lead to short-term consolidation or pullback.

Key Support Zone

Immediate support is seen at 27,300 – 27,000, which aligns with:

  • Recent breakout structure
  • Moving average confluence on H1/H4
  • Intraday demand zone

A breakdown below this level would expose:

  • 26,800
  • 26,200 (stronger higher timeframe support)

Holding above this support zone is crucial to sustain the bullish trend.

Expectations – NAS100 Price Forecast

Bullish Scenario (Primary)

As long as price holds above 27,300, bullish momentum is likely to continue.

A break above 27,800 could lead to:

  • A move toward 28,000
  • Further extension toward 28,300

The overall structure supports trend continuation.

Bearish Scenario (Alternative)

Failure to hold above support may trigger a corrective move.

This could result in:

  • A drop toward 27,000
  • Further decline toward 26,800

A deeper pullback would signal short-term exhaustion.

Outlook – NAS100 Price Forecast

NAS100 price forecast suggests the market remains in a strong uptrend, currently consolidating just below the 28,000 resistance zone. The bullish structure remains intact as long as price holds above 27,300.

A confirmed breakout above 28,000 would reinforce upward momentum, while a breakdown below 27,000 could shift the market into a corrective phase.