NASDAQ 100: Despite the reset day closing over 21,600 points brand formatted | daily forecast from January 31, 2025

Nasdaq Review:

The Nasdaq noted yesterday morning at 21,641 points. The index initially moderately gave up in the morning. Until the official trade in the afternoon, the index fluctuated sideways in a narrow box. After taking out the official trade in the afternoon, the day of the day was formatted in the course of a dynamic upward movement. However, this movement was sold again. The index was only able to stabilize itself just above the 21,400 points mark and recover below. In the course of this relaxation in the evening it went over the 21,700 points mark. Despite the sharp reset in the evening, the bulls were able to format a day closing over the 21,600 points mark.

Chart analysis, daytrading setups and market outlook for active traders 🔴 Nasdaq forecast & outlook

Nasdaq WKN  A0AE1X | ISIN: US6311011026 | Ticker: Nasdaq 100

Nasdaq ChartCheck – Consideration in 1h Chart:

The Nasdaq noted yesterday morning in the haunted circle of the SMA200 (currently at 21,675 points). The index was initially able to move along this average line, but gave it up in the afternoon. It went down and below the SMA20 (currently at 21,670 points) and below the SMA50 (currently at 21,632 points). However, the bulls managed to keep the index in the area of ​​the SMA50 and to push back into the haze of the SMA20 / SMA200 at the closing of the trade. As part of the spring, we went back over the SMA200.

The hourly chart has brightened up, but can only be interpreted as bullish if the Nasdaq manages to detach itself from the SMA200 to the north by the hour. If this succeeds, it could be superior to the 22,000 points mark.

Reseters could initially stabilize and recover on the SMA200 or SMA20 and the SMA50. All three average lines are currently closely together, the index would be well supported in the area of ​​these three lines. However, if it goes back under the SMA50 and the Nasdaq also loses contact with this line, the hourly chart would quickly cloud again. Further taxes in the direction of the weekly low would be conceivable and possible.

• Assessment short -term chart picture, forecast: neutral / bullish

Consideration in the 4h chart:

The NASDAQ was initially able to push via the SMA20 (currently at 21,554 points) or the SMA200 (currently at 21,565 points). After crossing these two lines, it took a while until buying the purchase. Ultimately, the purchase interest that has arisen in the last trading days has brought the Nasdaq back to 22,000 points. At the week of the last week of retail, the index has dynamically reset to the SMA20 and also went from the weekly trade under this average line. At the beginning of the week, the SMA50 (currently at 21,676 points) and the SMA200 were also abandoned. In the further course of trade, it was possible to run again as part of a rebound. In the chart it can be seen that the Nasdaq did not manage to push itself over the SMA50 yesterday. He has repeatedly pushed his head on this average line. On the other hand, the SMA200 has kept on the underside. As part of the spring trade, however, the move over the SMA50.

The chart picture lightened up a bit. At this time, too, the bulls try to hold the index above the SMA50 and to quickly push up. If this succeeds in this way, the start -up destinations that have been mentioned in the hourly view could be mentioned.

If it goes under the SMA50 again in the course of weakness, the SMA200 and the SMA20 could offer support. If the SMA20 is given up again, it is conceivable that the Nasdaq will reset again to take another swing. The starting goals on the underside could be the 21,410/390 points and subsequently the 21,150/110 points.

Assessment overarching chart, forecast: neutral / bullish

Nasdaq – outlook for today:

The Nasdaq notes this morning 21,760 points And with it 119 points above the level yesterday morning.

Long setup: The index could initially try to stay above the 21,760 points mark. If this succeeds, the NASDAQ could initially be our next start -up destination at 21.78/80, at 21,798/800, at 21.815/17, at 21.848/50, at 21,865/67 and then at 21,881/83 points. Over the 21,881/83 point mark, the index could then be our start-up objectives at 21,896/98, at 21.932/34, at 21.951/53, at 21.967/69, at 21.997/99, 22.012/14 or at 22,035/37 points.

Short Setup: If the NASDAQ cannot stay above the 21,760 points mark, the index could down to our next start-up targets at 21,746/44, at 21.633/31, at 21.717/15, at 21.699/97, at 21,667/ 65, at 21,650/48, at 21.635/33, at 21.617/15, at 21.593/91, at 21.571/69, at 21.556/54, at 21,540/38 and then at 21,521/1 19 points. Under the 21,521/19 points mark, our next start-up destinations would be 21.505/03, at 21.490/88, at 21.472/70, at 21.453/51, at 21.419/17, at 21.403/01, at 21.384/ 82, at 21,368/66, at 21,349/47 or at 21,331/29 points.

Nasdaq resistances

• 21,775
• 21,880
• 21,995
• 22.152

Nasdaq support

• 21,676/70/32
• 21,565/54/04
• 21.451
• 21,368
• 20.160
• 20.903

Today we expect one based on our setup sideways / up* directed market. This results in the following probabilities:

• Probability Bull scenario based on our setup 60 %
• Probability Bear scenario based on our setup 40 %

*refers to the end of the day at 10:00 p.m. compared to the day of the day

This assessment can always be seen in relation to the pre -exchange.

21,834 points / 21,953 points up to 21,633 points / 21,503 points is the daily range we expected today.

Source: XStation55 from XTB

Act at the test winner: