Nasdaq 100 holds steady as analysts eye potential for new highs

The Nasdaq 100 index is currently trading at approximately 21,672, showing little change from three weeks ago. Analysts believe it can still reach new all-time highs if it remains above key support levels, particularly the January 13 low of 20,538. Recent price movements suggest the index may be in the early stages of a bullish trend. It has held above critical warning levels, indicating a strong upward momentum. A break above last Friday's high would further confirm this bullish outlook. However, if the index falls below 21,008, it could signal a shift in market sentiment. Analysts are closely monitoring these levels to adjust their strategies as needed, but currently, the outlook for new all-time highs remains positive.