NAS100 opened Monday at 28691.65 and closed Friday at 28148.58, a net drop of about 543 points, or roughly 1.9 percent on the week. The index built early strength, tagging a high of 29190.54 on Tuesday, then rolled over across the back half of the week. Thursday and Friday did the damage, with Friday's low at 28052.73 marking the weakest print of the five sessions.
The bundle carries no scheduled high-impact events for the coming five sessions. That leaves the tape itself as the main story. After a two-day slide that erased the Monday to Tuesday advance, the question into the new week is whether Friday's selling was profit-taking into the weekend or the start of a deeper pullback.
With no calendar catalysts flagged, price behaviour around last week's range extremes carries more weight than usual. Watch how the open handles Friday's close and whether early strength holds or fades the way it did last week. Open an LHFX account to trade NAS100 this week.
If price reclaims Friday's open near 28518 early in the week and holds above it, the prior consolidation zone around 28900 to 29000 comes back into view. If that reclaim fails and sellers defend the lower half of last week's range, Friday's low at 28052.73 is the next obvious reference, and a break below it opens the round number at 28000. Index correlation matters here, so watch whether S&P 500 confirms or diverges from any NAS100 move.
Client positioning sits at 54.8 percent long against 45.2 percent short. That is a modest long skew rather than a crowded one. It tells you consensus still leans toward a bounce after last week's fade, but the balance is close enough that a decisive move in either direction has room to run before positioning gets stretched.
Three reference levels stand out from last week's range. The 29190.54 high is the ceiling that capped Tuesday's rally. Friday's open near 28518 sits as a mid-range pivot. Friday's low at 28052.73, just above the 28000 round number, marks the floor buyers defended into the close. These are reference levels for context, not entry signals.
Byline: LHFX Research
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