NAS100 week ahead: Quiet calendar tests momentum, 2026-06-15
How last week left NAS100
The index opened Monday at 29,041 and closed Friday at 29,644, gaining 603 points or 2.1%. Wednesday saw the sharpest intraday swing with a low of 28,234 before recovering to close above 28,300.
What this week is about
This week brings an empty economic calendar for US equities. With no Federal Reserve speeches, earnings releases, or tier-one data scheduled, the index trades purely on technical momentum and broader risk sentiment.
The absence of catalysts shifts focus to key support and resistance levels established during last week's volatile price action. Watch how the index handles the psychological 30,000 level and whether buyers defend the 29,000 zone on any pullback.
Scenarios for the week
If NAS100 clears and holds above 29,800 early in the week, the round 30,000 level becomes the obvious magnet. A rejection there could see the index test the 29,200 area where Friday's low sits. Should selling accelerate below 29,000, Wednesday's swing low near 28,230 marks critical support.
Positioning into the new week
LHFX client positioning shows 54.9% of traders are long versus 45.1% short as of Sunday morning. This mild bullish skew suggests traders expect the upward momentum from Thursday and Friday to continue, though the near-balanced split indicates no overwhelming conviction either way.
Levels to watch
Three levels matter this week: the psychological 30,000 resistance just above Friday's close, the 29,200 support from Friday's low, and the 28,230 area marking Wednesday's dramatic reversal point. These are reference levels for gauging momentum, not entry signals. S&P 500 correlation remains high, so watch that index for directional cues.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa. Open an LHFX account to trade NAS100 this week.