Nasdaq 100 Flashes Rare Historical Pattern 6th Time In 41 Years: It May Be 'Set To Recover Soon' After Being 100 Days Below Peak
Benzinga·2026-03-27 06:15
The Nasdaq 100 has crossed a notable threshold, trading below its all-time high for 100 consecutive days. However, with the index hovering less than 10% off its peak, historical data suggests tech investors shouldn’t panic just yet.Rare Setup For Big TechAccording to recent market analysis shared by The Kobeissi Letter, the tech-heavy index has entered a highly unusual consolidation phase.The Nasdaq 100 has now gone 100 days without hitting a new record high, marking its longest such streak since 2023. It m ...