{"id":440086,"date":"2026-10-14T21:48:48","date_gmt":"2026-10-14T14:48:48","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/what-technical-levels-are-in-play-now-for-the-broader-us-stock-indices-following-the-higher-cpi-data-440086\/"},"modified":"2026-10-14T21:48:48","modified_gmt":"2026-10-14T14:48:48","slug":"what-technical-levels-are-in-play-now-for-the-broader-us-stock-indices-following-the-higher-cpi-data","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/what-technical-levels-are-in-play-now-for-the-broader-us-stock-indices-following-the-higher-cpi-data-440086\/","title":{"rendered":"What technical levels are in play now for the broader US stock indices following the higher CPI data?"},"content":{"rendered":"<div>\n<p>US stocks fall after CPI. Sellers make a play, but key support remains intact.<\/p>\n<p>Nasdaq 100 is closest to a key downside break as buyers defend support across the broader indices.<\/p>\n<p>The higher-than-expected CPI data has US stocks on the defensive:<\/p>\n<ul>\n<li>\n<p>S&amp;P 500: Down approximately 0.65%<\/p>\n<\/li>\n<li>\n<p>Nasdaq Composite: Down approximately 0.90%<\/p>\n<\/li>\n<li>\n<p>Nasdaq 100: Down approximately 1.05%<\/p>\n<\/li>\n<\/ul>\n<p>All three indices reached new record highs last Tuesday, but those breaks failed to sustain momentum. Buyers had their shot to extend higher. They missed.<\/p>\n<p>Now sellers are making a play. However, the declines have yet to establish a definitive bearish bias across all three indices. Key moving average support remains in play, giving traders clear levels to measure whether sellers can take more control.<\/p>\n<p>Nasdaq 100: The most vulnerable<\/p>\n<\/p>\n<p>The Nasdaq 100 is approaching its rising 200-hour moving average at 30,128.67. Today\u2019s low reached 30,239.63, putting the index about 111 points above that key support level.<\/p>\n<p>The price is within sniffing distance, but sellers still need to break below it.<\/p>\n<p>A move below the 200-hour moving average\u2014and the ability to stay below\u2014would increase the bearish bias and open the door for further selling. The rising 100-day moving average near 29,627 would become the next major downside target.<\/p>\n<p>Until that break occurs, buyers still have a level to lean against and define their risk.<\/p>\n<p>Nasdaq Composite: Between the hourly moving averages<\/p>\n<\/p>\n<p>The Nasdaq Composite has fallen below its 100-hour moving average at 27,168.43, giving sellers a short-term victory. However, the price remains above its rising 200-hour moving average at 26,820.47.<\/p>\n<p>With the price between those moving averages, the short-term technical bias is more neutral.<\/p>\n<p>A move back above the 100-hour moving average would take some pressure off and give buyers a foothold. Conversely, a break below the 200-hour moving average would give sellers more control, targeting the swing level and rising trendline near 26,676.<\/p>\n<p>Below that, the 100-day moving average near 26,290 becomes the next downside target.<\/p>\n<p>S&amp;P 500: Buyers defend the 100-hour moving average<\/p>\n<\/p>\n<p>The S&amp;P 500 reached a low today of 7,751.93, holding just above its rising 100-hour moving average at 7,745.70.<\/p>\n<p>Recall that last Thursday\u2019s decline also tested the 100-hour moving average and found support buyers. That makes the level an important barometer again today.<\/p>\n<p>Stay above, and buyers keep a foothold. Move below\u2014and stay below\u2014and sellers gain more control, with the 200-hour moving average at 7,706.45 the next downside target.<\/p>\n<p>The trading lesson: A decline needs confirmation<\/p>\n<\/p>\n<p>A failed break to a record high is a warning. A break below key support provides the next piece of evidence.<\/p>\n<p>The CPI report has given sellers a shove, but the technical levels will help determine whether that shove develops into something more. Watch how the price behaves at support\u2014and whether a break can be sustained.<\/p>\n<p>Sellers are making a play, but they still have work to do.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US stocks fall after CPI. Sellers make a play, but key support remains intact. Nasdaq 100 is closest to a key downside break as buyers defend support across the broader indices. The&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-440086","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=440086"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440086\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=440086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=440086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=440086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}