The Nasdaq 100 has crossed a notable threshold, buying and selling beneath its all-time excessive for 100 consecutive days. Nonetheless, with the index hovering lower than 10% off its peak, historic knowledge suggests tech buyers shouldn’t panic simply but.
In response to current market evaluation shared by The Kobeissi Letter, the tech-heavy index has entered a extremely uncommon consolidation section.
The Nasdaq 100 has now gone 100 days with out hitting a brand new document excessive, marking its longest such streak since 2023. It made its final document of 26,182.10 factors in October 2025.
Regardless of not hitting an all-time excessive, the index has prevented a serious correction, remaining inside 10% of its peak. The index closed Thursday at 23,586.99 factors, simply 9.91% beneath its earlier document.
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This particular mixture—100 days beneath the excessive however down lower than 10%—is an exceptionally uncommon market sign. It marks solely the sixth time this actual sample has occurred since 1985.
Regardless of the extended stall, Kobeissi notes that “historical past suggests know-how shares are set to get well quickly.”
BREAKING: The Nasdaq 100 has now traded beneath its all-time excessive for 100 days, the longest streak since 2023.
On the identical time, the index is buying and selling lower than -10% off the height, the sixth time this sample has occurred since 1985.
Within the earlier 5 situations, the Nasdaq 100 was… pic.twitter.com/XYLaxs0D70
— The Kobeissi Letter (@KobeissiLetter) March 27, 2026
If historic precedents maintain, the present holding sample might act as a springboard for important good points.
Within the earlier 5 situations of this particular setup, the Nasdaq 100 demonstrated a exceptional monitor document of upward momentum shortly after.
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Information signifies that one month after flashing this sign, the index was flat or constructive 80% of the time, yielding a median acquire of 1.1%.
Two months out, the typical return bumped as much as 2.3%, sustaining the identical 80% win price for constructive outcomes.
Probably the most compelling knowledge for long-term tech bulls emerges when wanting a full yr forward. In all 5 prior occurrences since 1985, the Nasdaq 100 was undeniably larger 12 months later. This flawless 100% constructive final result price was accompanied by a sturdy common acquire of 17.0%.
