NASDAQ Price Predictions and Analysis: Key Levels to Watch Today.
Don't be short yet…
The NASDAQ 100 E-mini future they were already over 1.5% today, it is so close 21,850 at the time of this analysis. This strong performance reflects growing optimism in the broader market and positions the NASDAQ as an essential indicator of overall market sentiment.
NASDAQ Price Predictions: Key Levels and Scenarios
Major Support: 21,735
- The Point of Control (POC) because today 21,735which represents the highest level of trade. As long as the price stays above this level, there is no strong reason to adopt a bearish view.
- Traders should closely monitor this level for signs of strength or weakness in the market.
Upside targets and potential price magnets for today's NASDAQ futures: 22,000 and 22,060
- 22,000: Main level of psychological and technical resistance. It is a magnet for liquidity and a potential place for price consolidation.
- 22,060: Located just above 22,000, this level could be the upper limit against today.
If price maintains momentum and clears this zone, the next upside targets are:
- 22,300: Possible resistance zone to continue.
- 22,385 to 22,450: A wider resistance area where traders can expect significant selling pressure.
Possible Bearish Scenarios
- If the price exceeds above 22,060 but then falls below 22,010this could indicate weakness.
- To confirm a bearish reversal, traders should look for:
- One 30-minute candle close below 22,010or
- Two consecutive 30-minute candles below that level for more proof.
In such a situation, it may be possible to profit on long positions or short trades targeting the following levels:
- 21,735 (POC)
- 21,700 and 21,670: Key support records under the POC.
NASDAQ Today: Market Outlook
- Bullish Momentum: The tendency remains bullish while the price is above 21,735.
- Consolidation or withdrawal?: move to 22,000–22,060 range can lead to consolidation before moving further directions.
- Downside Risks: Constant break below 22,010 it could open the door to POC testing and lower levels of support.
Final thoughts
Today's NASDAQ futures analysis shows a cautiously optimistic outlook, with 22,000 and 22,060 acting as primary upside targets. A reversal is only likely if the price continues below 22,010leading to possible tests of lower levels as 21,735. Traders should monitor these levels and price behavior for insights into the next market move.
Stay tuned for more The NASDAQ price is expected and market analysis to effectively navigate today's market trends. A visit ForexLive.com for additional views.
