Nasdaq 100 (NAS100) Seeks Clarity Amidst Stagnation

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

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

Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Market Analysis – September 19

Nasdaq 100 (NAS100) seeks clarity amidst stagnation. The Nasdaq 100 index finds itself in a state of stagnation, lacking vigor. The price action has remained indecisive for a considerable period.

Nasdaq 100 (NAS100) Key Zones

Resistance Levels: 15657.20, 14696.30
Support Levels: 14191.00, 12820.00
Nasdaq 100 (NAS100) Seeks Clarity Amidst Stagnation

Nasdaq 100 (NAS100) Long-Term Trend: Bullish

The bulls have struggled to gather enough momentum to breach the formidable 15657.20 key level. While buyers initially exhibited strength, sell traders have proven to be a formidable force standing in their way. The market currently resembles a battleground, with both parties vying for dominance. The buyers aspire to surpass the 15657.20 market zone, while the sellers have their sights set on driving prices lower.
I
As the current consolidation phase persists, the market appears poised for a significant move, awaiting the side that can muster an extra push to break the deadlock.
I
It becomes evident that sellers are positioning themselves to break through the 15210.90 market level. Should this breakout occur, it may trigger a more pronounced bearish response. Despite the ongoing consolidation, sellers continue to exert a substantial influence on the daily chart. This suggests a prevailing bearish bias.
Nasdaq 100 (NAS100) Seeks Clarity Amidst Stagnation

Nasdaq 100 (NAS100) Short-Term Trend: Bearish

On the 4-hour chart, the bears maintain their resolve. This indicates a heightened likelihood of a breakout to the downside. The market remains on edge as traders anticipate the potential direction of the impending move. If sellers play their cards right, the price could reverse course. A bearish sentiment may play out for the Nasdaq 100.
I

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
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *