Nasdaq 100
BullishArchived analysis from Aug 17, 2026, 1:48 PM
Key insight
30,000 round number now acts as a live floor — a daily close above it keeps the bull structure intact and targets the 2025 high at 31,200. Lose it and the 200-day MA near 28,800 becomes the next test.
30,120 holds above the 30,000 round-number base; Nasdaq leads S&P 500 and Dow on the day, confirming tech-sector rotation leadership in a risk-on Monday session.
Main risk
USD/JPY at 159.3 — carry-trade stress
159.3 is historically elevated; any BoJ intervention or yield-curve shift triggers rapid yen strength, unwinding leveraged Nasdaq longs fast.
With Pro
Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.
Get the app→