US Tech 100 US Tech 100

The US Tech 100 is FOREX.com’s name for the Nasdaq 100, a leading US stock index. The Nasdaq 100 tracks the performance of the top non-financial stocks listed on the Nasdaq stock exchange.

The Nasdaq 100’s exclusion of financial firms gives it a different outlook to the two other major US benchmarks: the Dow Jones (Wall Street) and S&P 500 (US SP 500). It is generally known as a tech-led index, as US majors like Apple, Microsoft and Amazon have a significant impact on its price.

The US Tech 100 is capitalisation-weighted and doesn’t always feature 100 stocks. In 2022, for example, it had 102 constituents.

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask

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Monthly

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Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis