Nasdaq 100 Nears Record After V-Shaped Recovery

On April 14, 2026, the Nasdaq 100 completed a V-shaped recovery after sliding toward the 22,800 area and is trading above the 25,320 resistance-turned-support level as it moves toward the prior all-time high near 26,200. The daily RSI is about 65.5, the four-hour RSI about 74.1 and the 15-minute RSI about 71.0.

The rebound followed a breakout from a descending channel confirmed by a strong impulsive candlestick that cleared the 100-day and 200-day moving averages. On the four-hour chart the index cleared the 25,091 level and has formed higher highs and higher lows. Moving averages on the four-hour and hourly charts are aligned bullishly, with a Golden Cross visible or close.

The hourly chart shows a steep upward slope and early bearish divergence on the RSI, which may reflect slowing immediate upside momentum as U.S. trading begins. On the 15-minute chart, a sustained hold above 25,500 and a close above the intraday high at 25,560 would open a path toward 25,750, 26,000 and the prior peak near 26,200. A drop below 25,480 could prompt liquidations of short-term long positions and a move back toward support at 25,320, 25,091 and 24,667.

Market analyst Zain Vawda wrote, “The path of least resistance remains to the upside.” He advised traders to await pullbacks to the 25,320 or 25,100 zones rather than chasing the rally at elevated levels.

The Nasdaq 100 is a benchmark of large non-financial companies listed on the Nasdaq exchange. The report is based on technical price readings and top-of-book quotes and is provided for information and education; it does not include company-specific fundamental news.