What is the Nasdaq 100 (US100) trend today?

The trend is currently mixed across timeframes. While the daily chart shows an upward trend with price holding above the 200-period moving average, the four-hour chart is mixed, and the one-hour trend has turned firmly down.

What are the key support and resistance levels for the US100?

Immediate support sits at the S2 level of 30088.9, with further psychological support at the round 30000 mark. Resistance is located at the S1 level of 30283.4, backed by the daily pivot at 30539.3.

Which economic events could move the Nasdaq 100 today?

Today's primary catalysts include US Initial Jobless Claims at 12:30 UTC and New Home Sales Change at 14:00 UTC, alongside scheduled Federal Reserve speeches from Hammack and Paulson.

Nasdaq 100 (US100) Forecast Today

Daily outlook Neutral bias Sep 24, 2026, 12:19 UTC

Nathan BrooksUS Markets & Federal Reserve Analyst · ForexR analyst

The Nasdaq 100 index faces downward pressure as conflicting technical timeframes create a neutral bias for the current session. Actionable setups rely on a break of the S2 support at 30088.9 or the R1 resistance at 30733.8.

Cropped image of businessman sitting by the table in cafe and analyzing indicators on laptop computer while us

Price30,195.6

Day change-0.93%

Day range30,076.2 - 30,520.9

ATR (14)457.6

Resistance	Level	Support	Level
R3	31,184.2	S1	30,283.4
R2	30,989.7	S2	30,088.9
R1	30,733.8	S3	29,833.0
Previous day high	30,795.1	Previous day low	30,344.7
20-day high	30,795.1	20-day low	28,744.6
Daily pivot 30,539.3. Data as of 2026-09-24 12:16 UTC; price from a live feed, levels computed from the previous completed daily bar.

Nasdaq 100 (US100) 1-hour chart with the daily pivot at 30,539.3, R1 30,733.8, R2 30,989.7, S1 30,283.4, S2 30,088.9 and the bullish and bearish scenario paths — Nasdaq 100 (US100), 1-hour candles with the daily pivot levels, the range between nearest support and resistance, and both scenario paths. Data as of 2026-09-24 12:16 UTC.

Index Falters in the Overlap Session

As the London and New York sessions overlap, the Nasdaq 100 (US100) stands at 30195.6, down 0.93% on the day. The market has established a low of 30076.2 and a high of 30520.9 against the previous close of 30478. Volatility is running high, with the day's span taking up 97% of the 14-period average true range of 457.6 points.

Timeframes Signal Conflicting Conditions

The broader technical view presents a divided picture, rendering our outlook neutral for the session. The daily chart maintains an upward state, with price holding above the 200-period exponential moving average at 27536.8 and the daily RSI tracking at 64.2. However, momentum breaks down on shorter horizons. The four-hour chart shows mixed conditions between its 20- and 50-period EMAs, while the one-hour trend has shifted explicitly down. Traders facing these conflicting signals often look to pivot points for directional clarity.

Defining the Structural Ranges

Price action currently rests between the S2 support at 30088.9 and the S1 resistance at 30283.4. Further resistance sits at the daily pivot of 30539.3, followed by yesterday's high of 30795.1 and yesterday's low of 30344.7. The recent peak marks the high for both immediate lookback windows; the 5-day range spans from a high of 30795.1 down to a low of 28942.1. Separately, the 20-day range extends from the same high of 30795.1 down to a low of 28744.6. Major round levels frame the wider field, with 30000 below current price and 31000 above.

Actionable Trade Paths

A bearish continuation would require sellers to clear the S2 trigger at 30088.9. A firm break here opens the way toward a target at S3 at 29833, though a move back above the daily pivot at 30539.3 would invalidate this view. Conversely, a bullish reversal setup depends on clearing the R1 trigger at 30733.8. Crossing this threshold targets the R2 resistance at 30989.7. If the index falls back below the daily pivot at 30539.3, the bullish case is invalidated.

Bond Yields and Economic Calendar

Equities are navigating headwinds as rising bond yields pressure the tech sector from its recent record highs, as reported by financial media outlets Invezz and Market Watch. Providing context for this market pressure, US Treasury yields at the September 23 close showed the 10-year yield at 5.11%, up 15 basis points, and the 2-year yield at 4.85%. Despite the pullback in price, futures market data as of the week to September 15 shows speculators added to net long Nasdaq 100 (US100). The media mood on the index currently reads at a maximum 100 with a 67% bullish share, though a separate opportunity reading scores a bearish -39.

Today's economic calendar centers on the US Initial Jobless Claims at 12:30 UTC, with estimates pointing to 201 from a previous 196. This is followed by Federal Reserve speeches from Hammack at 12:50 UTC and Paulson at 13:00 UTC, ahead of the New Home Sales Change release at 14:00 UTC. Tomorrow brings further event risk, including Durable Goods Orders at 12:30 UTC and the Michigan Consumer Sentiment Index at 14:00 UTC.

Session Takeaway

The Nasdaq 100 trades through the core overlapping hours caught between a bullish daily structure and bearish intraday momentum. Directional traders will find the most definitive signals at the active boundaries, specifically the S2 support at 30088.9 and the R1 resistance at 30733.8.