NQ Flow Report

October 10, 2025

Market Recap

Thursday’s Nasdaq futures session opened with continued downside momentum following Wednesday’s weakness. Sellers pressed the market lower through the morning before finding a firm base near 25,160. From that point, buyers gradually regained control, driving a steady afternoon recovery that carried into the close. By session’s end, sentiment had shifted from defensive to constructive as price closed near the upper range of the day.

Key Levels & Reactions

Early attempts to rebound were capped near 25,334, confirming that area as a key short-term resistance. The 25,160 zone provided a solid intraday floor where buyers established support and began lifting price. Once above 25,250–25,280, momentum strengthened, and the session closed near 25,330. Holding above that zone in the next session would suggest continued buyer strength, while rejection could return the market to balance below.

Volatility & Timing

The morning featured high volatility and directional selling pressure. Midday trade slowed as the market based and consolidated, followed by a controlled trend higher through the afternoon. Activity peaked between 14:30 and 15:45 ET as participation broadened before tapering into the close. The shift in rhythm highlighted improving confidence among buyers heading into Friday.

Takeaway of the Day

Thursday’s session marked a clear transition from liquidation to accumulation. The defense of 25,160 and the firm recovery into the close signaled that sellers may be losing momentum after several days of control. Sustained trade above 25,330 would confirm short-term bullish sentiment, while failure there could maintain the current consolidation phase.

Upcoming High-Impact Events

Friday, October 10 – No major U.S. economic releases scheduled.
Next week – CPI data expected, which may act as the next key volatility driver.