Nasdaq Technical Analysis for 4th of July

NASDAQ Futures Technical Evaluation – July 4, 2025

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What’s the present pattern in NASDAQ futures?

Because the above Nasdaq Futures Technical Evaluation video of at this time reveals, as of July 4, 2025, NASDAQ futures are displaying indicators of a short-term pullback after a robust upward breakout. On the 30-minute chart, the market beforehand broke out above the December 24 all-time excessive, forming a rising channel. After consolidating briefly and retesting the breakout zone, worth motion continued increased, reaching above the midpoint of the ascending channel.

At the moment, the value is retreating from that mid-channel zone, with futures down roughly 0.6 p.c. That is thought-about a significant decline given the context of latest bullish momentum and the lighter liquidity atmosphere as a result of U.S. vacation.

Why does at this time’s worth motion matter if U.S. markets are closed?

Though U.S. fairness markets are closed in observance of Independence Day, NASDAQ futures proceed to commerce. World flows, particularly from Europe, stay energetic. These periods can supply essential worth alerts, significantly when futures deviate from anticipated vary conduct. On this case, the market’s rejection from mid-channel means that patrons could also be stepping again quickly.

What are the important thing assist ranges to look at?

The first technical assist zone now lies between 22,830 and 22,855. This green-shaded area aligns with the decrease pane of the grey ascending channel drawn from the latest breakout.

Ought to that space fail to carry, the subsequent stage to watch is 22,775, which corresponds with the VWAP from July 2. A decisive break beneath this VWAP stage might open the door for a broader correction or a extra vital pattern shift.

Is the general pattern nonetheless bullish?

Sure, the bigger pattern stays bullish so long as worth stays throughout the rising channel construction. Nevertheless, at this time’s pullback could point out that momentum is cooling off within the brief time period. If patrons defend the decrease channel edge and VWAP, a brand new leg increased stays potential. Conversely, a clear break of those ranges could shift the narrative to warning or impartial.

What ought to merchants remember?

This session is unfolding with diminished U.S. participation, so warning is warranted. Key assist checks round 22,830 to 22,855 might set the tone for the subsequent transfer. A break beneath 22,775 ought to be taken critically, as it might mark a shift beneath each the channel and the VWAP reference level.

As all the time, commerce at your individual threat and use well-defined threat administration protocols.

Be aware: This technical evaluation was revealed on ForexLive.com, which is rebranding as InvestingLive.com later this summer season. As soon as the transition is full, all guests to ForexLive will probably be mechanically redirected to the brand new area, the place you’ll find expanded protection of equities, futures, crypto, and long-term investing methods.

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