Technical outlook: Nasdaq-100 Index – key resistance levels – if

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Technical outlook: Nasdaq-100 Index – key resistance levels – ifNASDAQ 100 IndexNASDAQ_DLY:NDXPrzemyslaw_BlachutBased on the monthly (1M) charts for the Nasdaq-100 (NDX) as of April 21, 2026, here is a technical analysis of the supports, resistances, and patterns visible in the chart Fibonacci Extensions and ABC Correction Setup A :focuses on the structural movement and price targets using Fibonacci tools. ●Pattern: After reaching a local high, we observed a clear ABC corrective move. Point C appears to have bottomed out near the $22,849 level. ● Support: The $22,849 level (0% Fibonacci retracement) served as the main support. ● Resistance: The nearest resistance is at $26,182 (the previous peak, marked as point B). The price is struggling to break above this level this month. Above this level, Fibonacci extension levels have been set at $27,091 (1.272) and $28,246 (1.618). ● Indicators: The price has now broken back above the 9-period EMA (blue line), indicating a strong uptrend. Setup B : Ascending Triangle / Bullish Flag These charts highlight a consolidation pattern within a long-term uptrend. ● Pattern: A clear ascending triangle is visible, representing a bullish consolidation zone (marked in green). The price is in the process of breaking through resistance at the upper side of the visible triangle. If it breaks through / the monthly candle closes above resistance, then the bullish scenario is in play ● Resistance: Horizontal ceiling at $26,182. ● Support: The upward-sloping green trend line forming the lower side of the triangle. ● Target: The vertical green projection suggests a technical target near $30,000 if the price breaks through and sustains above the $26,182 resistance level. DISCLAIMER This analysis is for informational purposes only and does not constitute investment advice. Przemysław Blachut Blachut Equity Research