Nasdaq-100 Wave Analysis – 17 September 2026

Nasdaq-100: ⬆️ Buy

– Nasdaq-100 broke daily down channel

– Likely to rise to resistance level 30240.00

Nasdaq-100 index today broke the resistance trendline of the daily down channel from August – which enclosed the previous minor ABC correction 2.

The breakout of this down channel should accelerate the active impulse wave 3 – which started earlier from the key support level 28860.00.

Given the earlier breakout of the aforementioned down channel and the strong bullish momentum, Nasdaq-100 index can be expected to rise further to the next resistance level 30240.00 (former top of the previous short-term wave 1).