NASDAQ Analysis for August 18, 2026
The index is falling slightly short of the margin zone and the upper boundary of the monthly average range. A call spread was filled, prompting a reaction, further compounded by fundamental news regarding U.S.-Iran relations.
NASDAQ has precisely reached the 1/2 margin zone level from the high, and is currently reacting to this zone. At the moment, I am remaining on the sidelines; I believe a signal would be the formation of a pattern via a local extremum and a breakout of the 1/2 level.
Explore more in the NASDAQ-100 Trading Hub →