Nasdaq 100

Key insight

30,462 consolidates just below the 31,000 round-number resistance; a clean close above flips near-term bias firmly bullish and opens the 2026 high at 32,150.

30,462 holds above the 200-day MA near 28,900 and Q3 closes green; oil at $90 flags cost pressure but BTC +2.1% and S&P +0.3% confirm broad risk-on tone.

Main risk

Oil spike to $90 / energy cost shock

Oil +1.6% to $90 compresses tech margins; sustained move above $92 raises stagflation risk and pressures Nasdaq multiples.