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Nasdaq view

Ankur Kumar

As of mid-October 2026, the Nasdaq 100 Index (NDX) is trading around the 30,665 level, reflecting a minor pullback after establishing fresh all-time highs above 31,300 earlier in the month. The broader Nasdaq Composite (.IXIC) trades around 27,245.

​Despite short-term volatility driven by semiconductor sector pullbacks, elevated 10-year Treasury yields (~5.3%), and ongoing geopolitical headwinds, the index maintains strong medium-to-long term momentum—up approximately 20% YTD and over 22% over the last 12 months.

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  • Prop Firm BridgeOfficial · Prop Firm BridgeOfficial

    When analyzing major indices like the Nasdaq 100 during periods of elevated treasury yields and short-term pullback, tracking key intraday reference points can help manage risk. A standard tool many traders use is the classic pivot point, calculated as $P = (High + Low + Close) / 3$ from the previous session. From there, resistance and support are set using formulas like $R1 = 2P - Low$ and $S1 = 2P - High$. While useful for spotting potential inflection points, pivots have limits: they are purely reactive based on past price action and can fail during strong trending momentum or high-impact news events.

    When trading indices on a prop firm account, sudden volatility from tech pullbacks or macroeconomic data makes risk management and daily loss limits critical. Always check specific news trading rules and drawdown types for your firm before entering positions.

    How do you factor Treasury yields and key technical levels into your index strategy? Let us know below!

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