NAS100 NDX Technical Analysis: The Nasdaq Index is trading today in a weak downtrend, as the index recorded a high of 21308.57 and a low of 21045.88, and the current price of the index is 21143.70. Through this fluctuation, the index shows relative stability in a narrow range, reflecting weakness in the current downtrend.
The index is trading above the moving averages, indicating that the downtrend is still weak and that there is resistance preventing the negative movement from continuing strongly. The MACD indicator also indicates a weak negative trend, reflecting a limited decline in the downward momentum despite some selling pressure.
NAS100 NDX Technical Analysis: Technical Analysis
- Moving Averages: Trading above the moving averages on various time frames reflects the weakness of the downtrend, and there may be nearby support at the moving average levels that may limit the continuation of the decline.
- MACD Indicator: The MACD indicator is showing a weak negative signal, which reinforces the idea that the downtrend may be limited and unsustainable at the moment.
Today’s Trading Outlook:
The Nasdaq is expected to continue moving within a narrow range.
with a possibility of testing the support levels at 21045.88. If trading continues above this support, we may see some stability around the 21143.70 level. However, if strong selling pressure occurs, the index may decline towards 21000 points. On the other hand, a break of the 21308.57 level may push the index towards higher resistance areas, which opens the way for an upward move.

Trading strategies levels on Buy/Sell level
ND100 | In case of buying | in case of selling |
Entry point | 21246.76 | 21051.03 |
Target Point 1 (TP1) | First resistance: 21324.03 | First support: 20948.01 |
Target Point 2 (TP2) | Second resistance: 21400.00 | Second support: 20820.50 |
Stop Loss (SL) | 21051.03 | 21246.76 |
The Nasdaq is trading in a weak downtrend, with negative signals from the MACD. However, trading above the moving averages suggests that selling pressure may be limited, reinforcing expectations for continued range-bound volatility until stronger signals emerge regarding the future direction.