NAS100 | Technical Outlook
Market Structure – NAS100 Forecast
NAS100 forecast remains strongly bullish as price continues trading near fresh highs above the 28500 support zone after an aggressive upside rally from the late-March recovery base. The index has maintained a steady sequence of higher highs and higher lows across all major timeframes.
The broader structure on H4 and Daily reflects sustained bullish momentum supported by strong trend continuation and moving average alignment. Short-term price action on H1 and M15 remains constructive despite minor intraday consolidation, suggesting buyers still control market direction.
Key Resistance Zone
Immediate resistance is located at 28700 – 28900, supported by:
- Recent swing highs
- Psychological resistance area
- Momentum continuation structure
A breakout above this zone could trigger:
- 29200
- 29600 (higher timeframe bullish target)
As long as momentum remains positive, bullish continuation remains favored.
Key Support Zone
Immediate support is seen at 28400 – 28200, which aligns with:
- H1 moving average support
- Recent breakout structure
- Intraday demand zone
A breakdown below this area could expose:
- 27900
- 27400 (major corrective support)
Holding above support remains critical to maintain the current bullish structure.
Expectations – NAS100 Forecast
Bullish Scenario (Primary)
If NAS100 remains above 28400, buyers may continue pushing toward new highs.
A breakout above 28900 could lead to:
- A move toward 29200
- Extension toward 29600
The broader trend structure strongly favors bullish continuation.
Bearish Scenario (Alternative)
Failure to hold above support may trigger a short-term corrective pullback.
This could result in:
- A decline toward 28200
- Further weakness toward 27900
A deeper correction would weaken short-term bullish momentum but would not fully invalidate the broader uptrend unless major support breaks.
Outlook – NAS100 Forecast
NAS100 forecast remains bullish as the index continues consolidating near recent highs while maintaining strong upside momentum above the key 28400 support zone. The higher timeframe trend continues favoring buyers as long as price remains above critical support levels.
A confirmed breakout above 28900 would strengthen the bullish outlook toward higher resistance targets, while a break below 28200 could trigger temporary corrective pressure before the broader uptrend resumes.
