Nasdaq Composite rises 900 points as cooling inflation strengthens risk appetite

Nasdaq Composite rises 900 points as cooling inflation strengthens risk appetite
Nasdaq gained nearly 900 points this week

​The Nasdaq Composite Index is building on this week’s strong performance, recording a gain of 0.6% or 145 points in Wednesday’s premarket session to trade around 23,218. This advance follows a 0.67% rise on Tuesday and a 2.7% surge on Monday. The cumulative week-to-date gain has reached nearly 4% or 900 points, marking a sharp reversal from the bearish trend that had defined most of November’s trading.

- Nasdaq gained nearly 900 points this week after cooling PPI inflation improved sentiment.

- The index now trades above 20, 50, and 100-day EMAs, a sign of bullish momentum.

- Traders eye 23,160 resistance zone for potential breakout, confirming broader trend reversal.

Tuesday’s move was driven by investor anticipation and reaction to the delayed U.S. Core PPI report. The data, showing a lower inflation print of 0.1% versus a 0.2% forecast, supported recent Federal Reserve remarks favoring a possible rate cut in December. The soft inflation reading pressured the dollar index and improved sentiment toward risk assets, allowing the Nasdaq to extend its rebound.

Nasdaq price dynamic (Nov 2025). Source: Tradingview

The extended rebound has shifted the technical structure in favor of buyers. Tuesday’s gain lifted the index above its 20-day EMA, and it now trades above the 20, 50, and 100-day EMAs. This is typically interpreted as a signal of strengthening momentum. However, price is now approaching a key barrier. The level at 23,160, which marks the last lower high of the November downtrend and also last week’s high, is acting as a supply zone. Traders are watching closely to see if price can break above this resistance.

Nasdaq bullish crossover between the 20 and 50 EMA supports short-term recovery

On the intraday view, a bullish crossover has formed between the 20 and 50 EMA around 22,700 on the 1-hour chart. If sellers emerge at the 23,160 zone and cause a short-term retracement, that crossover area could serve as a springboard for another upward push. A successful breakout above 23,160 would shift the market structure from bearish to bullish and reinforce the Nasdaq composite's potential for a sustained recovery.

The test of the 23,160 supply level comes at a time when macro optimism and short-term technical structure both favor further upside. But unless price breaks above and holds beyond that resistance, this week’s bounce cannot confirm a broader trend reversal.

In recent analysis, we discussed how the Nasdaq climbed 2.6% to 22,900 as AI optimism and dovish Fed remarks boosted sentiment. The 20-day EMA resistance kept the index just below the 23,000 level.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.