Market Analysis: Nasdaq 100 Approaches All-Time Highs
By Zain Vawda | April 14, 2026
Overview
The Nasdaq 100 has recently completed a "V-shaped" recovery following a significant sell-off, indicating a bullish trend across all major timeframes. Currently, the index is trading above the critical resistance-turned-support level of 25,320.
Market Dynamics
After experiencing aggressive selling that brought the index down to around 22,800, the Nasdaq 100 has rebounded sharply. This recovery was marked by a breakout from a descending channel, confirmed by a strong bullish candle that surpassed both the 100-day and 200-day moving averages.
As of now, the index is positioned above the 25,320 level, with the daily RSI approaching overbought conditions at 65.5. This suggests potential for a final push towards the previous all-time highs near 26,200 before a necessary correction occurs.
Timeframe Analysis
H4 and H1 Perspectives
On the H4 chart, the bullish momentum is evident, with the index clearing the 25,091 level and establishing a series of higher highs and lows. The H4 RSI is at 74.1, indicating strong trend momentum but also suggesting possible intraday consolidation or a minor retest of the breakout zone at 25,320.
The H1 chart shows a steep ascending slope with moving averages in a bullish alignment. However, "Bear" divergence signals on the RSI indicate that immediate upside momentum may be slowing as the US market opens.
Intraday Scenarios
M15 Analysis Ahead of US Session
As the index hovers around 25,526, two scenarios are outlined:
- Bullish Scenario: If the US session opens with strong buying pressure, a sustained hold above 25,500 could lead to a break above the recent intraday high of 25,560, potentially pushing towards 25,750.
- Bearish Scenario: With the RSI indicating overbought conditions at 71.0, a move below 25,480 could trigger liquidation of long positions, leading back towards the 25,320 support level.
Key Levels to Watch:
Resistance: 25,560, 25,750, 26,000
Support: 25,320, 25,091, 24,667
Conclusion
The Nasdaq 100 is currently in a bullish cycle across all major timeframes. However, given the rapid nature of the recent price movements and elevated RSI levels, traders are advised to look for pullbacks to the 25,320 or 25,100 zones to enter the trend rather than chasing the breakout at current high levels.