Technical analysis of the Nasdaq 100 shows a "V-shaped" recovery and a breakout into a clear bullish cycle. Despite the strong trend, overbought RSI conditions suggest that immediate upside momentum is slowing. The article advises traders to wait for a pullback to the key 25,320 or 25,100 support zones to establish new long positions due to the current poor risk-to-reward ratio.
14-04-2026 12:50 GMT
by Zain Vawda