Report published September 23, 2026
Technical Analysis Global Markets: Market Rhythm Focus – EFG Bank AG
EFG Bank AG · September 23, 2026
This technical analysis update highlights the Nasdaq 100 breaking to fresh record highs and VIX sinking to year-to-date lows. However, narrow equity breadth, lagging large-cap averages, and fragile technical setups in the Dow Jones and Hang Seng warrant caution.
Read the remaining 4 pages
Finvaulta summarizes EFG Bank AG's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.The Nasdaq 100 logged a trend break and printed its first new all-time high in four months with strong momentum that typically opens up further upside.
- 2.Market breadth remains painfully narrow on the NYSE Composite with flat participation above the 200-day moving average, posing risks to rally durability.
- 3.The VIX dropped to its lowest close of the year at 14.21, but lagging cyclicals and narrow breadth temper the typical equity-positive signal.
Table of Contents
- Nasdaq 100
- Dow Jones Industrial Avg.
- S&P Equal Weighted and Mid Cap, Russell 2000 and Micro Cap
- NYSE Composite
- Russell 1000 Growth/Russell 1000 Value
- VIX
- Hang Seng
- OMX Stockholm 30
Report data
NYSE Composite - NYA, 24,029
| Metric | Estimate | Context |
|---|---|---|
| Nasdaq 100 Index Level | 30732.0 index points | Nasdaq prints first new high in four months. |
| Dow Jones Industrial Average Index Level | 51863.0 index points | Testing support levels at 51,650 and 50,830 within a bearish structure. |
| NYSE Composite Index Level | 24029.0 index points | Breadth remains flat and narrow. |
| CBOE Volatility Index Level | 14.21 index points | Lowest close of the year. |
| Hang Seng Index Level | 24827.0 index points | Rebound failing under 50-day moving average. |
Reports in this series
Market Rhythm Focus is shown in chronological order through this edition, published on September 23, 2026.
Part of the Market Rhythm Focus series — view all 13 editions
Looking for the latest edition? 28.09.26 GM Market Rhythm Focus (Sep 28, 2026)
Access the full report
And others from the leading tier 1 banks.
Free account: read previews and a daily allowance of full reports. Pro removes the daily limit.
