US Indices · Briefing

Nasdaq 100

Neutral Nov 10, 2026, 9:18 PM

27,766 holds above the 50-day MA at ~27,400 but underperforms S&P 500 today; mega-cap tech leadership fading as USD firms and gold sells off sharply (-2.7%).

27,800.45

↘ -0.52% ·  24h · USD

Key insight

27,766 sits in a compression zone between 50-day MA support (~27,400) and the 2026 high near 28,500 — break either way likely defines the next 5% move for NDX.

Main risk

10-Year Treasury Yield Spike

Rising real yields compress growth multiples; NDX historically drops 8-12% for each 50bps yield surge above the 4.8% threshold.

Price levels

Levels around the price

Current price highlighted.

Bull Target 2Psychological round number +7.9 % 30,000.00

Bull Target 1Fib 127.2% extension +5.0 % 29,200.00

Resistance 22026 swing high +2.5 % 28,500.00

Resistance 1Round number / near-term supply zone +0.7 % 28,000.00

Current 27,800.45

Support 150-day MA -1.4 % 27,400.00

Support 2Round number / Aug consolidation base -2.9 % 27,000.00

Hard StopBreak of 200-day MA ~26,800 invalidates bull structure; triggers trend-following selling -3.6 % 26,800.00

Bear Target -8.3 % 25,500.00

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Scenarios

Bull and bear

Bull scenario Prob. medium

Compression Breakout to New Highs

28,500 breakout confirmed; momentum targets 29,200 Fib ext then 30,000.

Target 30,000.00

Triggers

—NDX closes above 2026 high at 28,500 on strong volume
—Fed signals pause end; pivots dovish at next FOMC
—Mega-cap tech beats and raises FY guidance

Bear scenario Prob. medium

Yield Surge Breaks Tech Trend

27,000 round support fails; 200-day MA at 26,800 next, bear target 25,500.

Target 25,500.00

Triggers

—10-year yield clears 4.8% on strong macro data
—Break below 50-day MA at 27,400 on volume
—Mega-cap earnings guidance cut triggers sector unwind

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Macro drivers

What is moving the price

Fed Policy Stance

bearish

Fed stays restrictive; no cut signalled near-term. Higher-for-longer weighs on NDX duration risk.

USD Strength (EUR/USD -0.5%)

bearish

Dollar firming hits big-tech FX revenue translation; EUR/USD at 1.1162 pressures multinational earnings.

Gold Sell-off (-2.7%)

neutral

Gold down sharply signals risk-off rotation or real-yield rise — negative for long-duration growth stocks.

Oil at $85.5

bearish

Elevated oil sustains inflation pressure, reducing Fed room to ease and keeping yields elevated.

BTC -1.8% / Risk Asset Retreat

bearish

Broad risk retreat across crypto and equities; NDX lagging S&P signals tech-specific selling pressure.

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Key dates

What is coming next

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Key dates and the concrete TradingBrief view

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This briefing was generated automatically by AI and published on Nov 10, 2026, 9:18 PM. For informational purposes only. Not financial advice.

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