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Nasdaq 100 : NDX Stock Market Update: Blue Sky Breakout, Pullback Timing and Upside Projections

Steve MillerMay 4, 2026

The Nasdaq 100 (NDX) is in a blue sky zone, trading at all-time highs with strong upward momentum. While there are potential fibonacci resistance levels and cycle timing windows suggesting a pullback is due, current price action indicates continued upside potential. The creator advises trading with the trend rather than against it, especially given the extreme momentum observed.

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The Nasdaq 100 (NDX) is in a blue sky zone at all-time highs with strong momentum, suggesting further upside potential despite upcoming resistance levels and cycle timing windows for a pullback.

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