Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Market Analysis – October 10
Nasdaq 100 (NAS100) bulls fight to regain control amidst bearish pressure. The index pair has found itself amid a fierce battle as relentless sellers refuse to cede ground.
This week, the buyers have faced headwinds in their attempts to regain control of the market. The bears seem determined to keep the upper hand. This marks the second time in recent months that the bulls have embarked on such an endeavor. Their previous attempt was made in August. However, their bullish momentum was abruptly halted as the price approached the formidable 15500.00 significant level.
Nasdaq 100 (NAS100) Market Zones
Resistance Zones: 15906.70, 15187.80
Support Zones: 13233.90, 14487.30
Nasdaq 100 (NAS100) Long-Term Trend: Bullish
The year 2023 had started on a strong note for the bulls. It started with a powerful surge in bullish sentiment that carried on until late July. However, as we entered the latter part of July, the buyers were met with formidable selling pressure.
The selling weight derailed their bullish momentum. The current scenario sees buyers attempting a resurgence after encountering resistance from sellers in the market. If the buyers manage to muster the necessary strength, we can expect to witness a renewed surge in bullish order flow.
A closer look at the Parabolic SAR (Stop and Reverse) reveals a lack of clear trend focus at the moment. The market is characterized by a state of equilibrium, largely influenced by the ongoing battle between buyers and sellers. The absence of a decisive trend direction is indicative of the tug-of-war playing out in the Nasdaq market.
Nasdaq 100 (NAS100) Short-Term Trend: Bullish
On the 4-hour chart, we can observe that the bulls are gradually building their intensity. They are showing their determination to stage a comeback. On the flip side, sellers are also gathering momentum and trying to maintain their grip on the market.
You can purchase Lucky Block here. Buy LBLOCK
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
