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Nasdaq 100 Gap-Down Stalled Above 26,288/142 Key Support, Bulls Are Still In Control

By Seeking Alpha April 20, 2026 Bullish
Nasdaq 100 Gap-Down Stalled Above 26,288/142 Key Support, Bulls Are Still In Control
Bullish trend intact despite volatility: The Nasdaq 100 has led the post-ceasefire rally, breaking to new highs, and remains in a bullish structure even after a gap-down driven by renewed US-Iran tensions. Strong market breadth supports upside: A sharp improvement in breadth, more stocks trading above key moving averages, confirms broad participation and reinforces the sustainability of the uptrend.
Bullish trend intact despite volatility: The Nasdaq 100 has led the post-ceasefire rally, breaking to new highs, and remains in a bullish structure even after a gap-down driven by renewed US-Iran tensions. Strong market breadth supports upside: A sharp improvement in breadth, more stocks trading above key moving averages, confirms broad participation and reinforces the sustainability of the uptrend.