Nasdaq 100 Index – Thursday, July 31, 2025.
With the Golden Cross of the 50-day (EMA)50 and (EMA)200 and the position of RSI (14)in an Extreme Bullish condition, the Nasdaq 100 Index is dominated by buyers today.
Key Levels
1. Resistance 2: 23764.6
2. Resistance 1: 23645.8
3. Pivot: 23435.0
4. Support 1: 23316.2
5. Support 2: 23105.4
Tactical Scenario
Positive Reaction Zone: If the Nasdaq 100 Index can stay above 23435.0, then it has the potential to strengthen and rise to 23645.8.
Momentum Extension Bias: If the 23645.8 level is successfully broken and closes above it, the Nasdaq 100 Index will continue to strengthen to 23764.6.
Invalidation Level / Bias Revision
Upside bias weakens when the Nasdaq 100 Index corrects and falls to break and close below 23105.4.
Technical Summary
EMA(50): 23464.0.
EMA(200): 23358.6.
RSI(14): 74.19.
Economic News Release Agenda:
Tonight, there will be economic data releases from the United States:
US - Core PCE Price Index m/m - 19:30 WIB.
US - Employment Cost Index q/q - 19:30 PM WIB.
US - Unemployment Claims - 19:30 PM WIB.
