Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Buyers Defend 50-Day EMA Support

Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Buyers Defend 50-Day EMA Support | FXEmpire Advertisement Advertisement Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Buyers Defend 50-Day EMA Support By : Christopher Lewis Published: Jul 24, 2026, 12:43 GMT+00:00 US indices are trying to hang onto support areas as we see pre-market trading looking to turn things around after Thursday’s tough session. PREMIUM Read what the experts are trading this week Exclusive analysis from FXEmpire top analysts — curated insights you won't find on the free site. In-depth analysis Curated reports Top analysts Unlock Premium NASDAQ 100 Technical Analysis NAS100 has slipped to 28,497.2, below its 50-EMA after retreating from the 30,000 level. Source: TradingView The Nasdaq 100 broke lower during the trading session here on Friday to kick things off, piercing the crucial 28,500 support level, but has since seen a little bit of buying and a little bit of an attempt at supportive measures. So, the question today will be whether or not falling yields could give a little bit of a lift to the Nasdaq 100. It is typically sensitive to higher yields, so it does make a certain amount of sense that they are occurring at the same time: yields dropping, Nasdaq 100 trying to turn things around. We are in the midst of earnings season, so that will have its influence as well, but we are definitely in an area that has been important recently. Dow Jones 30 Technical Analysis US30 trades at 51,892.00, easing back from the 53,000 area but holding its 50-EMA. Source: TradingView The Dow Jones 30 is actually positive, and it reached towards the 52,000 level early during the trading session on Friday in pre-market trading. If it can break above the 52,000 level, that would be a bullish sign and could continue the overall uptrend we’re seeing — a nice 45-degree channel. Bouncing from the 50-day EMA during the session on Thursday also helps give this a positive and bullish look. So ultimately, this is a market that seems like there is still plenty of support in. S&P 500 Technical Analysis The S&P 500 sits at 7,432.79, testing its 50-EMA at the apex of a rising wedge below 7,600. Source: TradingView The S&P 500 pierced the bottom of the ascending triangle that we had been working on during the Thursday session. So far on Friday, it’s been very quiet as we hang around the 50-day EMA. Typically speaking, these indices all move in the same general direction, so while the S&P 500 might be a little bit of a laggard, positive sentiment in the other two indices could help drag this thing higher. As things stand right now, the triangle has been pierced. The question is: will it hold? We are right on the precipice of finding out. If you’d like to know more about chart patterns and how to trade them, please visit our educational area . Related Articles The Week Ahead: Fed, GDP and Big Tech Earnings Set the Tone for U.S. Stocks What the Next Fed Meeting Could Mean for Stocks and Your Portfolio Dow Jones and S&P 500 Forecast: Oil, Tariffs and Yields Test Wall Street Rally About the Author Christopher Lewis Senior Analyst Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence. Advertisement Editors’ Picks The Week Ahead: Fed, GDP and Big Tech Earnings Set the Tone for U.S. Stocks Gold News: Warsh’s Tone Could Break the Gold Market’s Five-Week Range Oil News: Can WTI and Brent Extend the Rally as Hormuz Supply Risk Persists? Silver Price Forecast: Strong Dollar Could Drive Silver Toward $50 Interest Rate Forecast: BOJ Rate Hike to 1.25% Puts Japanese Yen in Focus Advertisement Advertisement Advertisement Advertisement