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21.08.2025 09:55 AM
The Nasdaq 100 Index has the potential to weaken today. Thursday, August 21, 2025.

[Nasdaq 100 Index] – [Thursday, August 21, 2025]

Although the RSI (14) is in the Neutral-Bullish area, both EMAs are still in a Death Cross, with the EMA (50) below the EMA (200), then, the bias remains bearish, potentially causing the Nasdaq 100 Index to continue its decline.

Key Levels

1. Resistance 2: 23642.9

2. Resistance 1: 23439.2

3. Pivot: 23197.0

4. Support 1: 22993.3

5. Support 2: 22751.1

Tactical Scenario

Pressure Risk Zone: If the price breaks down and closes below 23197.0, the Nasdaq 100 index has the potential to continue its decline to 22993.3.

Momentum Extension Bias: If the Nasdaq 100 index successfully breaks through and closes below 22993.3, it has the potential to move to 22751.1.

Invalidation Level / Bias Revision

Downside bias is maintained if the Nasdaq 100 index suddenly strengthens above 23642.9.

Technical Summary

EMA(50): 23272.1.

EMA(200): 23486.9.

RSI(14): 52.76.

Economic News Release Agenda:

Tonight, the following economic data will be released from the United States:

US - Unemployment Claims - 19:30 WIB.

US - Philly Fed Manufacturing Index - 19:30 WIB.

US - Flash Manufacturing PMI - 20:45 WIB.

US - Flash Services PMI - 20:45 WIB.

US - Existing Home Sales - 21:00 WIB.

US - CB Leading Index m/m - 21:00 WIB.

US - Natural Gas Storage - 21:30 WIB.

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