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FX.co ★ Nasdaq 100 Index Has the Potential to Strengthen Towards Its Nearest Resistance Level Today. Thursday, 11 September 2025.

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Forex Analysis:::2025-09-11T06:05:04

Nasdaq 100 Index Has the Potential to Strengthen Towards Its Nearest Resistance Level Today. Thursday, 11 September 2025.

[Nasdaq 100 Index] – [Thursday, 11 September 2025]

Although there is a potential for correction as the RSI is at the Neutral-Bearish level, but as long as it does not break and close below 23606.5, there is still potential for a return to the bullish bias because both EMAs are still forming a Golden Cross.

Key Levels

1. Resistance. 2 : 24119.9

2. Resistance. 1 : 23974.1

3. Pivot : 23863.2

4. Support. 1 : 23717.4

5. Support. 2 : 23606.5

Tactical Scenario

Positive Reaction Zone: If the Nasdaq 100 Index manages to break through and close above 23,863.2, it will likely test the next resistance at 23,974.1.

Momentum Extension Bias: If 23,974.1 is broken and closed above, then 24,119.9 will be the next target to be tested.Invalidation

Invalidation Level / Bias Revision

The upside bias weakens if #NDX corrects lower, breaks, and closes below 23606.5.

Technical Summary

EMA(50) : 23864.2

EMA(200): 23762.7

RSI(14) : 44.20

Economic News Release Agenda:

US - Core CPI m/m - 19:30 WIB

US - CPI m/m - 19:30 WIB

US - CPI y/y - 19:30 WIB

US - Unemployment Claims - 19:30 WIB

US - Natural Gas Storage - 21:30 WIB

 Nasdaq 100 Index Has the Potential to Strengthen Towards Its Nearest Resistance Level Today. Thursday, 11 September 2025.

Analyst InstaForex
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