- The Nasdaq 100 has broken through the key level of 17,890, approaching its all-time high of 18,464 reached on March 21.
- At the close of the American session, earnings reports from Airbnb, Robinhood, Duolingo and Payoneer are expected.
The Nasdaq 100 has set a low in the European session at 18,047, creating an area of support in the short term. This has served to push the market to levels not seen since April 15 at 18,157 during the American session.
Nasdaq 100 with clear intention of establishing new all-time highs
At the close of today's American session we expect earnings reports from companies such as Airbnb, Robinhood, Duolingo and Payoneer. If these reports turn out to be positive, they could push the Nasdaq 100 to surpass the all-time high of 18,864 later this week.
Levels to consider in the Nasdaq 100
After exceeding 17,890 points, the index has consolidated at 18,150 during the American session. This level corresponds to the 78.6% Fibonacci retracement and is key for it to overcome the all-time high of 18,464 made on March 21.
Nasdaq 100 15 minute chart
Nasdaq 100 daily chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
