FBS turns 16

Unlock birthday rewards: from gadgets and dreams cars to VIP trips.Learn more
Open account
Open accountLog In
Open account

July 07, 2025

Stocks

US100 (Nasdaq-100): Short-Term Fundamentals

1. Market Structure & Sentiment

The Nasdaq-100 has surged ~32% off the April lows, entering bull-market territory as it recently broke and closed above record highs (~22,190). DataTrek notes that the 50-day spike seems extreme, but the 100-day gain (~5.8%) remains in line with historical norms, suggesting this is recovery, not excess.

2. Key Drivers

  • AI Leadership: Momentum in mega caps like Nvidia and Microsoft, alongside strong Q2 earnings, continues fueling tech dominance.
  • Rate-cut optimism: Easing U.S. yields (10‑yr down ~31bps H1) and dovish Fed signals underpin equity valuations.
  • Risk-on environment: Geopolitical relief (Israel–Iran ceasefire) and U.S.–China/UK trade progress have pushed global equities to record highs, benefiting tech .

3. Technical & Positioning Outlook

QQQ ETF (tracks Nasdaq‑100) recently cleared a bullish flag/inverse head‑and‑shoulders formation, with measured targets near $575–$586, and support zones at $524 and $494 on pullbacks. Momentum indicators suggest further upside, though short-term overbought signals warrant caution.

Summary

The Nasdaq‑100 remains bullish, driven by AI-led earnings, Fed rate-cut expectations, and improved risk sentiment. In the short term, the $575–$586 band offers a sensible upside target, while $524‑$494 provides solid support if a pullback occurs. Watch earnings, U.S. macro data (jobs, CPI), and trade headlines for triggers that may break this consolidation.

US100 H4 Timeframe

US100H4_(7).png

On this US100 (Nasdaq-100) 4‑hour chart, we see price pulling back toward a support zone that aligns with the rising trendline and the moving averages. The plan is to wait for price to test that boxed demand area. If we spot a bullish confirmation there, we can look to buy and target a move back up to the previous high. The trade idea relies on the trendline and moving averages acting as dynamic support. The entry would be invalid if price breaks below the demand zone with strong bearish momentum.

Direction: Bullish

Target- 22836.70

Invalidation- 22374.36

CONCLUSION

You can access more trade ideas and prompt market updates on the Telegram channel.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

Share with friends:
Adetola-Freeman Ogunkunle

Author: Adetola-Freeman Ogunkunle

Open an FBS account

By registering, you accept FBS Customer Agreement conditions and FBS Privacy Policy and assume all risks inherent with trading operations on the world financial markets.

More related articles

US30 Surges on Fed-Cut Bets and Israel-Iran Truce: US30 Outlook

June 26, 2025

10:19

US30 Surges on Fed-Cut Bets and Israel-Iran Truce: US30 Outlook

Stocks

US500 Outlook: Temporary Pullback or Setup for New All-Time Highs?

June 17, 2025

18:27

US500 Outlook: Temporary Pullback or Setup for New All-Time Highs?

Stocks

Dow Dips from Heights: Market Pauses Near Record as Earnings, Fed Minutes Loom

June 04, 2025

11:21

Dow Dips from Heights: Market Pauses Near Record as Earnings, Fed Minutes Loom

Stocks

Tech Treadmill: US100 Slips from Highs as Tariffs Return and Momentum Cools

May 30, 2025

11:53

Tech Treadmill: US100 Slips from Highs as Tariffs Return and Momentum Cools

Stocks

FBS at social media

iconhover iconiconhover iconiconhover iconiconhover icon

Contact us

iconhover iconiconhover iconiconhover iconiconhover icon
store iconstore icon
Get on the
Google Play

Trading

Company

About FBS

Our social impact

Legal documents

Company news

FC Leicester City

Help Center

Partnership programs

The website is operated by FBS Markets Inc.; Registration No. 000001317; FBS Markets Inc. is registered by the Financial Services Commission under the Securities Industry Act 2021, license number 000102/31. Office Address: 9725, Fabers Road Extension, Unit 1, Belize City, Belize.

FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar.

Payment transactions are managed by HDC Technologies Ltd.; Registration No. HE 370778; Legal address: Arch. Makariou III & Vyronos, P. Lordos Center, Block B, Office 203, Limassol, Cyprus. Additional address: Office 267, Irene Court, Corner Rigenas and 28th October street, Agia Triada, 3035, Limassol, Cyprus.

Contact number: +357 22 010970; additional number: +501 611 0594.

For cooperation, please contact us via [email protected].

Risk Warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission.

The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity.