What is the latest Nasdaq 100 forecast today?

The index shows a neutral technical bias today. The daily chart presents a mixed trend, while the H1 and H4 timeframes point downward.

Where are the key support and resistance levels for US100?

Nearest resistance is at S1 at 29628.4. On the downside, nearest support is at S2 at 29339.

How will today's US economic data affect the Nasdaq 100?

A busy economic calendar features high-impact US Retail Sales and PPI data at 12:30 UTC. These releases may test technical levels across the New York session.

Nasdaq 100 (US100) Forecast Today: Neutral Bias Ahead of Heavy US Data

Daily outlook Neutral bias Oct 15, 2026, 12:20 UTC

Nathan BrooksUS Markets & Federal Reserve Analyst · ForexR analyst

The Nasdaq 100 shows a neutral technical bias with conflicting daily and short-term trends. A packed US economic calendar featuring Retail Sales and PPI data lies ahead.

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Price29,594.4

Day change-1.08%

Day range29,531.9 - 29,941.2

ATR (14)464.8

Resistance	Level	Support	Level
R3	31,251.2	S1	29,628.4
R2	30,961.8	S2	29,339.0
R1	30,439.8	S3	28,817.0
Previous day high	30,672.5	Previous day low	29,861.1
20-day high	31,365.0	20-day low	28,942.1
Daily pivot 30,150.4. Data as of 2026-10-15 12:15 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 30,150.4, R1 30,439.8, R2 30,961.8, S1 29,628.4, S2 29,339.0 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 2026-10-15 12:15 UTC.

Current Position of Nasdaq 100 Amid Session Lows

At the start of the London and New York overlap, the Nasdaq 100 (US100) trades at 29594.4, recording a decline of 323.3 points to sit down 1.08% on the day. Today's action has drawn a day high of 29941.2 and a day low of 29531.9. The index is trading between S2 at 29339 and S1 at 29628.4. The intraday range stretches to 409.3 points, consuming 88% of the 14-day average true range of 464.8 points.

Trend and Momentum

The technical profile shows conflicting signals across charting windows. The daily trend remains mixed: the index holds above the EMA200 at 27950.9, but the shorter daily moving averages position the EMA20 at 30422.7 and the EMA50 at 29962.4. In contrast, the shorter timeframes point lower. The H4 trend is down, marked by the EMA20 at 30191.6 and the EMA50 at 30492.5. The H1 trend is also down, placing the EMA20 at 29775.1 and the EMA50 at 30089.2. The daily RSI measures at 44. Because the timeframes do not agree, the overarching bias remains neutral.

Key Levels to Monitor for Breakouts

Nearest resistance is S1 at 29628.4, located 34 points above current action. Nearest support sits at S2 at 29339, which is 255.4 points below price.

Looking at a pivot point calculator, the daily pivot anchors the chart at 30150.4. Upper resistance targets follow at R1 at 30439.8, R2 at 30961.8, and R3 at 31251.2. Lower support extensions include S3 at 28817.

Yesterday's close printed at 29917.7, finishing a session that established the previous day high at 30672.5 and the previous day low at 29861.1. Expanding the view, the 5-day range captures a high of 31221.4 and a low of 29861.1. The 20-day range defines broader bounds with a high of 31365 and a low of 28942.1. Price action may also encounter round numbers situated below at 29000 and above at 30000.

Scenarios for US100

In a bullish scenario, a break above R1 at 30439.8 would open the way to R2 at 30961.8. A move back below the daily pivot at 30150.4 would invalidate this view.

Should downside pressure persist, a bearish scenario indicates that a break below S2 at 29339 would open the way to S3 at 28817. A move back above the daily pivot at 30150.4 would invalidate the bearish path.

Major Economic Releases on the US Calendar

Price action may react to a heavy economic calendar out of the US today. High-impact Retail Sales (MoM) lands at 12:30 UTC, with an estimate of 0.3 following the previous 1.2. The Retail Sales Control Group is scheduled for the same time, against a previous print of 1.4.

Also due at 12:30 UTC is the high-impact Producer Price Index ex Food & Energy (YoY), carrying an estimate of 4.4 versus a previous 4.6. Accompanying these are medium-impact figures: PPI (MoM) estimated at 0.5 (previous 0.4), Initial Jobless Claims estimated at 200 (previous 197), PPI (YoY) estimated at 5.3 (previous 5.4), the NY Empire State Manufacturing Index expected at 10.3 (previous 7.6), Retail Sales ex Autos (MoM) estimated at 0.5 (previous 1.4), the Philadelphia Fed Manufacturing Survey estimated at 28.4 (previous 37.8), and PPI ex Food & Energy (MoM) estimated at 0.3 (previous 0.2).

Later today, the Monthly Budget Statement arrives at 18:00 UTC, projected at -29 against a previous -166.8. A speech by the Fed's Hammack is set for 20:30 UTC. Tomorrow brings an IMF Meeting at 00:00 UTC and a high-impact speech from Fed Chair Warsh at 03:30 UTC.

Broader Market Sentiment and Technical Themes

Newsflow highlights themes of a global tech and AI selloff alongside inflation concerns, as reported by the WSJ, Reuters, Seeking Alpha, and Market Watch. Media mood metrics show news volume tracking at 185% of its 90-day average, with an independent opportunity reading registering at -80 to mark a bearish tone.

CFTC Commitments of Traders data, as of the week to October 6, indicates that speculators added to net long Nasdaq 100 (US100). This positioning data provides broader market context. Additionally, US Treasury yields on October 14 showed the 2-year yield at 4.82%, up 3 basis points, while the 10-year yield stood at 5.19%, down 2 basis points.

Short-Term Outlook and Key Risks

The Nasdaq 100 navigates conflicting technical timeframes today while holding below yesterday's close. The incoming block of US economic data stands to test nearby S1 at 29628.4 and S2 at 29339 during the New York session.