USNAS100 | Strong Jobs Data Keeps Markets Buoyant
Global equities remain supported after a robust U.S. employment report, which reduced expectations for near-term Federal Reserve rate cuts and kept volatility elevated.
Technical Outlook
The Nasdaq is currently consolidating between 25190 and 25410.
A breakout above 25410 would support bullish continuation toward 25600, followed by 25835.
A 1H candle close below 25190 would shift momentum bearish toward 24960, with further support near 24785.
Key Levels
• Pivot: 25190
• Support: 24960 – 24785
• Resistance: 25410 – 25600 – 25835
Global equities remain supported after a robust U.S. employment report, which reduced expectations for near-term Federal Reserve rate cuts and kept volatility elevated.
Technical Outlook
The Nasdaq is currently consolidating between 25190 and 25410.
A breakout above 25410 would support bullish continuation toward 25600, followed by 25835.
A 1H candle close below 25190 would shift momentum bearish toward 24960, with further support near 24785.
Key Levels
• Pivot: 25190
• Support: 24960 – 24785
• Resistance: 25410 – 25600 – 25835
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
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.
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
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.