NAS100: Daily Read | 2026-10-19

Price on Nasdaq 100 (NAS100) sits near 29,188, 2.5% lower on the session and down near the floor of its one-month range. The one-month average sits near 30,524, and price is below it, so that line is the pivot the two-way traffic keeps returning to. Momentum has cooled over the last two weeks, roughly 5.3% down, leaving the structure as a pullback, slipping under the one-month average while the longer trend still points up. The levels that matter are 31,361 overhead, the past month’s swing high, about 7.4% above here, with 28,753 below as the shelf that has held, roughly 1.5% down; the 29,500 and 29,000 round numbers are the nearer handles. Zoom out and the last three months have ranged between 27,176 and 31,361, which frames the bigger picture. For now the tilt is bearish: a close above 31,361 would open room toward 31,861, while losing 28,753 would put 27,176 back in view.

Key levels: support 28,753 (1.5% below), resistance 31,361 (7.4% above), one-month average 30,524, three-month range 27,176 to 31,361.