Nasdaq 100 Flashes Rare Historical Pattern 6th Time In 41 Years: It May Be 'Set To Recover Soon' After Being 100 Days Below Peak

The Nasdaq 100 has traded below its all-time high for 100 consecutive days and is trading less than 10% below its peak. Historical patterns cited in the article suggest this magnitude of decline does not historically warrant panic among tech investors, implying limited immediate downside expectations.

Analysis

The Nasdaq 100 has traded below its all-time high for 100 consecutive days and is trading less than 10% below its peak. Historical patterns cited in the article suggest this magnitude of decline does not historically warrant panic among tech investors, implying limited immediate downside expectations.