Nasdaq March futures are currently trading within an established framework, with both daily and intraday charts focusing on a mid-structure zone. Right now, price action is more about acceptance and rejection at key levels rather than a clear trend. On the daily chart, after moving below the Micro-5 level at 25,051, prices bounced back toward the 25,405 pivot, which failed to hold in earlier sessions. If prices stay above this pivot, we could see movement toward higher levels at Micro-1 (25,794) and Micro-2 (26,036). However, if they drop below, we may see another dip toward lower levels.

Intraday Support And Resistance

Looking at the intraday 15-minute chart, support sits at Micro-4 (24,924), and momentum reflects recent daily trends. The daily pivot at 25,514 is key resistance for the session; staying above it suggests a return to upper levels, while falling back may lead to a drop toward lower levels. Important levels to watch include 25,405 as the daily structural pivot, and 25,794 to 26,036 for the upper micro structure. On the intraday chart, 25,514 is the main pivot, and 24,924 served as support in the previous session. Both daily and intraday structures align, highlighting activity around these midpoints. The Nasdaq March futures market is at a crucial point, with the 25,405 daily pivot serving as a major decision marker. Prices are moving between established support and resistance, indicating that a significant shift will come after a confirmed break of this mid-zone. Currently, the market shows indecision instead of a clear direction. As we enter the last weeks of 2025, we expect lower trading volumes, which can cause erratic price swings within this structure. Thin liquidity increases the risk of false breakouts. Any key level break must be confirmed with sustained movement, not just a brief spike. **Market Fundamentals And Economic Indicators** The overall economic landscape supports this technical indecision. November’s CPI report came in slightly lower than expected at 2.8%, easing some inflation worries. However, the Federal Reserve’s cautious comments last week left their first rate move for 2026 uncertain. This conflict keeps both buyers and sellers active without either side gaining control. In light of this, keep an eye on the pivotal 25,405 on the daily chart and 25,514 on the intraday chart. Holding above these levels could lead to a potential “Santa Claus Rally” toward 26,000. In contrast, a rejection would suggest a move to test support near 25,051 and possibly the intraday level at 24,924. This environment is ideal for options strategies that can take advantage of either a defined range or a breakout. Traders are likely creating positions like iron condors to profit from consolidation between the upper and lower structures. Others may be purchasing straddles in anticipation of a sharp move in either direction. Historically, this consolidation resembles the pattern observed during the summer of 2024, when the market oscillated for weeks before determining its next direction. This suggests that patience is crucial now—wait for the market to signal its intent by decisively breaking and maintaining above or below the current mid-structure pivot. With the VIX around a low 15.5, the market is not indicating extreme short-term volatility. Therefore, our approach should be disciplined, focusing on confirmation at key levels instead of chasing momentum. The signal for the next move will come from clear acceptance or rejection at the 25,405 pivot. Create your live VT Markets account and start trading now.

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