NAS100 Analysis: Nasdaq100 May Have a False Breakout

Fundamental Analysis of NAS 100NAS 100 Key Takeaways

• Trump tariffs have twists and turns: Overnight, the Trump administration won back a city. The U.S. Court of Appeals resumed the implementation of the Trump administration’s tariff policy. Although the Trump team regarded the temporary order of the Court of Appeal as a “victory”, there are lingering concerns within the White House that the Court of Appeal may eventually support the original ruling.
• Trade negotiations may be deadlocked: In the very short term, this will definitely undermine the negotiations. Why should countries negotiate to avoid a threat that has now been ruled illegal? The premise of tariffs as bargaining chips is their legality and enforceability. Once the court questions its legal basis, Trump’s biggest bargaining chip at the negotiating table loses its deterrent power.

Technical Analysis of NAS 100NAS 100 Daily Chart Insights

• Stochastic oscillator: The stochastic indicator at the bottom shows that the %K line (blue) and the %D line (red) are currently in the overbought area above 80, and the %K line has signs of turning down and crossing the %D line, which may indicate that there is a need for a correction or consolidation in the market in the short term.
• Support below: Short-term support first focuses on the purple 13EMA (currently about 21000-21200 points). The more critical support area is located at the black 65EMA (currently about 20100-20300 points), which is also an important confirmation platform after the previous rebound broke through the 200EMA.

NAS 100 2-hour Chart Analysis

• Stochastic oscillator:The stochastic indicator at the bottom shows that both the %K line (blue) and the %D line (red) have fallen sharply from the overbought zone and entered the oversold area below 20. At present, the two lines are glued together in the oversold zone, and the %K line has a slight upward hook sign but has not yet formed an effective golden cross. This shows that the short-term downward momentum is strong, but it also suggests that there may be a need for a technical rebound in the market, especially when key support is touched or the indicator has a golden cross.
• Short-term MA turns short: The purple 13EMA is about to cross the black 65EMA, forming a short-term “death cross” signal, indicating that the short-term short momentum is strengthened. After the price falls below these two MAs, they turn into dynamic resistance above. The current price is consolidating in a narrow range near the black 65EMA (about 21330-21360 points), which is also a support attempt point for the recent pullback.

NAS 100 Pivot Indicator

• According to the trading central in Ultima Markets APP, the central price of the day is established at 21560,
• Bullish Scenario: Bullish sentiment prevails above 21560, first target 21660 , second target 21830;
• Bearish Outlook: In a bearish scenario below 21560, first target 21260, second target 21150.

How to Navigate the Forex Market with Ultima Markets

To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you with valuable insights to empower your financial journey. For personalized guidance tailored to your specific financial situation, please do not hesitate to contact Ultima Markets.

Join Ultima Markets today and access a comprehensive trading ecosystem equipped with the tools and knowledge needed to thrive in the financial markets. Stay tuned for more updates and analyses from our team of experts at Ultima Markets.

—–

Legal Documents

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius.

Copyright © 2025 Ultima Markets Ltd. All rights reserved.

Disclaimer

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.