Nasdaq 100 (US100) Forecast Today
The Nasdaq 100 trades higher today but faces conflicting trend signals across different timeframes. Short-term direction depends on how price interacts with resistance at 29782.2 and support at 29426.

| Resistance | Level | Support | Level |
|---|---|---|---|
| R3 | 30,733.1 | S1 | 28,831.3 |
| R2 | 30,376.9 | S2 | 28,475.1 |
| R1 | 29,782.2 | S3 | 27,880.4 |
| Previous day high | 30,020.6 | Previous day low | 29,069.7 |
| 20-day high | 31,365.0 | 20-day low | 29,069.7 |
| Daily pivot 29,426.0. Data as of 2026-10-19 13:06 UTC; price from a live feed, levels computed from the previous completed daily bar. | |||
Where Nasdaq 100 Stands Now
Currently, the Nasdaq 100 (US100) trades at 29568.2 as the London and New York sessions overlap. The index shows upward momentum today, recording a gain of 380.6 points, which translates to a 1.3% increase from the previous close. Intraday price action spans from a session low of 29121.5 up to a high of 29620.1. This daily range covers 498.6 points, effectively accounting for 98% of the fourteen-day Average True Range, which currently sits at 506.9.
Trend and Momentum
Looking at technical indicators, the Nasdaq 100 presents a neutral outlook as the primary timeframes disagree. The daily chart reflects a mixed state, although the index price successfully holds above the 200-period exponential moving average. Shorter charting intervals show further divergence, with the 4-hour trend pointing down while the 1-hour trend remains in a mixed state. Additionally, the daily Relative Strength Index registers a reading of 35.1.
Levels That Matter
Analyzing the chart for key price barriers, the index sits firmly between the nearest support at the daily pivot of 29426 and the nearest resistance at R1 of 29782.2. Looking at yesterday's close, the previous day high rests at 30020.6, and the previous day low sits at 29069.7. The broader 5-day window tracks a high of 31063.3 and a low of 29069.7. Moving to the 20-day span, the high stands at 31365 with the low matching at 29069.7. Major round numbers are positioned below the current price at 29000 and above at 30000.
Market Scenarios
Under a bullish market scenario, a decisive break above the R1 resistance at 29782.2 would open the way to R2 at 30376.9. A move back below the daily pivot at 29426 would invalidate it. Under a bearish setup, a push below the S1 support level at 28831.3 would open the way to S2 at 28475.1. A move back above the daily pivot at 29426 would invalidate this view.
Catalysts and Context
Scanning the latest news coverage from Market Watch, CNBC International TV, and FXEmpire, market themes focus on a potential rebound in technology shares following recent stumbles, as market participants gauge artificial intelligence credit fears ahead of upcoming corporate earnings. Sentiment data highlights limited media engagement, with news volume registering at just 36% of the 90-day average. The independent opportunity reading presents a score of -57, characterized as bearish.
In the futures market, CFTC Commitments of Traders data for the week to October 13 shows large speculators were net long Nasdaq 100 (US100). Compared to the previous reporting period, these speculators reduced net long Nasdaq 100 (US100) positions. Supplying broader market context, US Treasury yields at the October 16 daily close showed the 2-year yield at 4.74%, representing a drop of 3 basis points, and the 10-year yield printing at 5.09%.
Looking ahead, tomorrow's calendar features several US economic data releases. The ADP Employment Change 4-week average releases at 12:15 UTC. Shortly after, at 12:30 UTC, the market expects Building Permits, carrying an estimate of 1.4, alongside Housing Starts with an estimate of 1.31. Pending Home Sales will follow at 14:00 UTC.
Bottom Line
The Nasdaq 100 currently advances on the day but navigates a landscape of conflicting trend signals across shorter and daily intervals. The immediate directional bias remains neutral as price action develops between the daily pivot and the R1 resistance level.
FAQ
What is the trend for Nasdaq 100 today?
The overall technical trend is mixed. The daily and 1-hour charts show a mixed state, while the 4-hour trend currently points down.
Where is resistance for the Nasdaq 100?
The nearest resistance level for the index is R1 at 29782.2, followed by the R2 level positioned at 30376.9.
How is the Nasdaq 100 performing today?
The index is currently up 380.6 points, representing a 1.3% gain, and trades at 29568.2 during the overlap of the London and New York sessions.
What are the nearest support levels for US100?
The closest support level is the daily pivot at 29426, followed further down by S1 at 28831.3.
More Nasdaq 100 (US100) Analysis
Why Is Nasdaq 100 Moving Today? US100 Tests Key SupportUS100 has fallen 1.58% to 29448.6 in New York trading, with support at the previous day low of 29406.1 and resistance at S1, 29556.8. Evidence is mixed: price sits above its 200-day average but below faster-moving levels on the four-hour and hourly charts.
Nasdaq 100 (US100) Forecast Today: Trend Signals Split Near PivotUS100 trades between the daily pivot at 29769.8 and R1 at 30133.6, with daily EMAs mixed against falling H4 and H1 trends, keeping the bias neutral heading into today's US data.
Nasdaq 100 (US100) Forecast Today: Neutral Bias Ahead of Heavy US DataThe 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.
Nasdaq 100 Forecast Today: Price Holds Below Pivot Near S1Nasdaq 100 is down 0.66% and trading between S2 at 30332.3 and S1 at 30494.8, with the four-hour and one-hour trends both pointing lower ahead of tomorrow's CPI report.
Nasdaq 100 (US100) Forecast Today: Caught Between Pivot and S1Nasdaq 100 trades between S1 at 30732.3 and the daily pivot at 30880.2, down 0.16% on the day, with daily, H4 and H1 trends pointing different ways and bias neutral during the London and New York session overlap.
Nasdaq 100 Holds Below R1 Ahead of Michigan Sentiment DataUS100 is up 0.65% on the day and sitting between the daily pivot and R1, but daily, H4 and H1 trends don't fully agree, keeping the near-term picture balanced into today's Michigan sentiment data.