NASDAQ 100 — H1 Week Across AI, Yields and NFP

01What happened

The NASDAQ moved through a two-speed week: early pressure from elevated Treasury yields, compression, a PCE-driven breakout that was absorbed, a Thursday recovery after a new yield extreme, and a Friday gap higher after September NFP printed at versus expected.

Invariant values: 100 · +29.000 · +90.000 · 100

02The move

The period opened at and closed at , about %. Weekly high was and low , for a -point range. Friday opened with a gap of about points, % versus Thursday's last close.

Invariant values: 30.428,08 · 30.807,93 · +379,86 · +1,25 · 31.017,53 · 30.082,97 · 934,55 · 30.082,97 · 30.472,76 · 155,71 · 361,46 · +1,18 · +0,98

03Before the move

The week reflected tension between historically high yields and the capital-cost headwind for technology on one side, and persistent AI spending, resilient large-cap leadership and flows into US mega caps on the other.

Invariant values: 100

04News / catalyst

PCE came in softer than expected on Wednesday, but the initial upside reaction did not hold above the breakout area. On Thursday the US -year yield reached %, its highest since , before easing. Friday's very weak NFP materially reduced expectations for an October Fed hike.

Invariant values: 0,3 · 0,4 · 3,4 · 3,7 · 5,34 · 2002 · +29.000 · 4,2 · 500

05Price structure

H structure progressed from Monday downside expansion to Tuesday compression, a failed Wednesday breakout above the early-week range, a Thursday sweep and recovery, then a Friday gap and clean break above the resistance area.

Invariant values: 1 · 30.472,76 · 30 · 30.615 · -30.628

06Liquidity

Key liquidity references were the Monday-Tuesday range extremes and the Wednesday-Thursday highs near . Thursday's break below the prior day's low was quickly recovered, while Friday showed immediate acceptance above prior highs.

Invariant values: 30.082,97 · 30.472,76 · 30.615 · -30.628 · 30

07Session and timing

The decisive expansions clustered around the US session and US macro windows. Friday's repricing was visible before the cash open and remained above the breakout area through the regular session.

08Volume / volatility

H volume is provider-specific and is not treated as centralized market volume. Higher relative participation around expansion bars and US opens is used only as secondary confirmation.

Invariant values: 1

09The Disciply perspective

Elevated yields initially pressured technology valuations. AI and large-cap flows helped absorb part of that pressure. Softer PCE reduced inflation pressure only marginally, while the weak NFP drove a more meaningful Fed repricing. Nasdaq outperformed the S&P on Friday.

Invariant values: 500

10What this move teaches us

The educational point is the difference between a level being violated and new prices being accepted. Wednesday's breakout failed; Friday's breakout held.

Invariant values: 500