Nasdaq-100 Wave Analysis – 29 October 2025

Nasdaq-100: ⬆️ Buy

– Nasdaq-100 broke resistance area

– Likely to rise to resistance level 27000.00

Nasdaq-100 index recently broke the resistance area between the resistance level 26000.00 and the resistance trendline of the extended daily up channel from May.

The breakout of this resistance area accelerated the active short-term impulse wave iii of the impulse wave 5 from the start of Septembers.

Given the strong daily uptrend and rising daily Momentum, Nasdaq-100 index can be expected to rise to the next resistance level 27000.00 (target price for the completion of the active impulse wave iii).

Source: https://fxpro.news