NASDAQ Futures (/NQ) Outlook – Weekly Chart
As of August 1, 2025
Current Price: 22,915.75
RSI (14): 61.34 – momentum remains bullish, but cooling off
🧭 Short-Term Outlook:
The recent weekly candle shows strong rejection and a -2.16% drop, suggesting a possible correction phase.
Price is now heading toward the 0.236 Fib retracement zone (~22,120) — a logical short-term support.
If this level doesn't hold, the next major support sits around the 0.382 zone (~21,045), aligning with your second expected zone (~21,000).
🛑 Support Levels to Watch:
~22,120 – Fibonacci 23.6%, prior structure zone
~21,000–21,045 – Confluence with 38.2% Fib + former resistance
~20,175 – 50% retracement, deeper retest if sentiment shifts
Mid-Term Bias (Q4 2025 Outlook):
After this pullback phase, your projected path implies:
A bullish resumption from the support levels (likely from 21k–22k zone)
Consolidation into Q4
A breakout continuation toward new highs above 24,000 into 2026
This outlook remains valid as long as 20,000 holds — a clean invalidation point for medium-term bulls.
Also, whenever the daily Candle closes above high of thid week which is the ~23845 points , this outlook become invalid too.
As of August 1, 2025
Current Price: 22,915.75
RSI (14): 61.34 – momentum remains bullish, but cooling off
🧭 Short-Term Outlook:
The recent weekly candle shows strong rejection and a -2.16% drop, suggesting a possible correction phase.
Price is now heading toward the 0.236 Fib retracement zone (~22,120) — a logical short-term support.
If this level doesn't hold, the next major support sits around the 0.382 zone (~21,045), aligning with your second expected zone (~21,000).
🛑 Support Levels to Watch:
~22,120 – Fibonacci 23.6%, prior structure zone
~21,000–21,045 – Confluence with 38.2% Fib + former resistance
~20,175 – 50% retracement, deeper retest if sentiment shifts
Mid-Term Bias (Q4 2025 Outlook):
After this pullback phase, your projected path implies:
A bullish resumption from the support levels (likely from 21k–22k zone)
Consolidation into Q4
A breakout continuation toward new highs above 24,000 into 2026
This outlook remains valid as long as 20,000 holds — a clean invalidation point for medium-term bulls.
Also, whenever the daily Candle closes above high of thid week which is the ~23845 points , this outlook become invalid too.
Sadreddini
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Sadreddini
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.