NAS100 Technical Outlook (18–25 Oct 2025)Trend Summary:
NASDAQ 100 remains in a corrective phase after rejecting near the 25,200–25,300 resistance zone. Recent price action forms a potential Wave 4 retracement within a medium-term bullish Elliott structure.
1D Chart View:
The index is hovering around key support at 24,750, aligned with the 3 8.2% Fib retracement of the prior leg and near daily EMA50. A bullish reversal from this zone would confirm continuation toward 25,800–26,000.
4H Structure:
A descending channel is observed, acting as a corrective pullback. Ichimoku Cloud shows price testing the lower edge; a break above 25,050 could signal momentum recovery. Volume divergence hints at accumulation beneath.
1H / 30M:
RSI forming a higher low while price prints a lower low — a bullish divergence setup. Bollinger Bands are tightening, suggesting volatility expansion ahead. Watch VWAP reclaim above 25,000 for confirmation of short-term trend reversal.
15M / 5M Intraday Bias:
Short-term traders should monitor the 24,800–24,750 zone for a bounce. Failure below this area exposes 24,620, while a decisive break above 25,050 may trigger an intraday rally targeting 25,250–25,300.
🎯 Trading Plan
Bullish Scenario:
Buy Zone: 24,750–24,800
Targets: 25,050 → 25,250 → 25,800
Stop Loss: 24,580 (below structure low)
Bearish Scenario (alternative):
Sell Zone: 25,250–25,300 (resistance rejection)
Targets: 25,000 → 24,750 → 24,620
Stop Loss: 25,400
🔍 Confluence Factors:
Elliott Wave: Wave 4 correction likely ending.
Fibonacci: 38.2–50% retracement aligning with structure support.
Ichimoku: Testing lower cloud — potential bullish crossover setup.
RSI Divergence: Positive momentum building.
VWAP: Reclaim signals early buyer strength.
Volume: Accumulation noted during low volatility phase.
📘 Outlook Summary:
Bias remains cautiously bullish above 24,750, targeting 25,800–26,000.
Break below 24,620 invalidates bullish structure and opens path to 24,300–24,200.
NAS100 traders should monitor intraday reactions and volume confirmations near key zones. This week may define whether the correction phase transitions into a new impulsive wave or deeper retracement.
