NASDAQ (NAS100/USD) Analysis and Trading Plan

Latest Market News

On August 1, 2025, the Non-Farm Payrolls (NFP) report revealed only 73,000 jobs added, significantly below the expected 110,000, leading to increased market volatility. This disappointing data has prompted traders to reassess their positions . Additionally, the U.S. GDP growth rate came in at 3.0%, exceeding expectations, which initially boosted market confidence .

Technical Analysis

The technical indicators for NAS100/USD are as follows:

• EMA (10): SHORT
• SMA (10): SHORT
• RSI (14): NEUTRAL
• MACD: SHORT
• VWAP (20): SHORT

Resistance levels are identified at R1: 23443 and R2: 24093, while support levels are at S1: 22424.3 and S2: 22055.6【4:5†source】【4:3†source】.

Trading Plan for the Next 1-3 Days

Given the current market conditions and technical indicators, the following trading plan is recommended:

• Short Position: Consider entering a short position if the price approaches the resistance level of 23443, with a target of 22424.3.
• Long Position: If the price drops to around 22424.3, consider entering a long position, targeting a rebound towards 23443.
• Stop-Loss: Set a stop-loss at 22055.6 to mitigate potential losses.

Conclusion

Market volatility is expected to continue as traders react to economic data and corporate earnings. Monitoring key resistance and support levels will be crucial for making informed trading decisions in the coming days.