Nasdaq-100 Index Wave Analysis – 9 October 2026

Nasdaq-100 Index: ⬆️ Buy

– Nasdaq-100 Index reversed from support level 30800.00

– Likely to rise to resistance level 31500.00

Nasdaq-100 Index recently reversed up from the support level 30800.00 – former strong resistance, which stopped wave (1) at the start of June, wave B in the middle of June and also wave i in September.

The upward reversal from the support level continueS the active short-term impulse wave iii of the impulse wave 3 from the middle of September.

Given the clear daily uptrend, Nasdaq-100 Index can be expected to rise further toward the next resistance level 31500.00.