Nasdaq 100

Bullish

Archived analysis from Aug 17, 2026, 3:27 AM

Key insight

30,000 round number acting as short-term pivot; break and hold above 30,500 opens path to 31,000 psychological target. Failure below 29,800 (50-day MA zone) flips near-term bias.

Holds 30,133 with S&P 500 at record 7,788 — mega-cap tech leadership intact, gold at $4,390 confirming risk-on tone despite USD/JPY at 159 signalling yen stress.

Main risk

USD/JPY at 159 — yen carry unwind risk

Yen at 159 keeps carry trade fragile; rapid JPY strength above 155 could trigger forced tech selling as seen in Aug 2024.

With Pro

Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.

Get the app→

Go to the current Nasdaq 100 analysis →