Reversal From ATH, Momentum Turns Cautious
The NASDAQ reversed from its all-time high and remains below 26,175, signaling short-term bearish momentum.
➡️ Below 26,175: Bearish bias toward 25,890 → 25,700 → 25,340.
➡️ Above 26,245: Bullish continuation toward 26,500 → 26,850.
Pivot POINT: 26,175
Support: 25,890 · 25,700 · 25,340
Resistance: 26,500 · 26,850 · 27,000
USNAS100 remains bearish while below 26,175, but a 1H close above 26,245 would confirm a bullish breakout toward higher targets.
The NASDAQ reversed from its all-time high and remains below 26,175, signaling short-term bearish momentum.
➡️ Below 26,175: Bearish bias toward 25,890 → 25,700 → 25,340.
➡️ Above 26,245: Bullish continuation toward 26,500 → 26,850.
Pivot POINT: 26,175
Support: 25,890 · 25,700 · 25,340
Resistance: 26,500 · 26,850 · 27,000
USNAS100 remains bearish while below 26,175, but a 1H close above 26,245 would confirm a bullish breakout toward higher targets.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
