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.
Wall Street saw a bubbly start to the new week on Monday, setting a positive tone for the busy quarterly earnings, Fed meeting, and GDP week ahead.
The Nasdaq 100 (NDX) traded erratically to close the day at a +0.87% gain after setting a new record high at 13563.70. The Dow Jones (DJIA) and the S&P 500 closed yesterday with decent gains as well, with +0.1% and 0.36%, respectively.
That said, investors are keenly watching out for quarterly reports from large-cap tech companies like Apple (NASDAQ: AAPL), Tesla (NASDAQ: TSLA), and Facebook (NASDAQ: FB), all due tomorrow. The tech industry saw a boom from the COVID-19 pandemic, following the thriving stay-at-home practice, which bolstered several positive tech trends.
Meanwhile, stock prices of video game retailer GameStop (NYSE: GME) saw another spike yesterday, after a 51% rally on Friday to leave it more than 240% this month alone.
Moving on, the central bank (Federal Reserve) will be updating its policy on Wednesday, and the first reading of the economic growth (GDP) in Q4 will get released on Thursday. This data comes on the backdrop of an activity-filled week, as no fewer than 118 companies will publish their quarterly earnings this week, with investors looking for cues to justify the ever-rising prices against corporate earnings and revenue.
Nasdaq 100 (NDX) Value Forecast — January 26
NDX Major Bias: Bullish
Supply Levels: 13500, 13563, and 13600.
Demand Levels: 13300, 13200, and 13110.
The NAS100 had a very volatile session yesterday, recording a new all-time high and a four-day low over the space of a few hours. The index broke out of our ascending channel to record a high at 13563.7 before dropping sharply to the 13200 support and immediately regaining stability above 13400.
The path of least resistance, at the moment, is tilted to the upside, meaning the NDX could climb back to its ATH and higher soon. That said, we expect to see more volatile moves in the coming days, given the event-filled backdrop this week.
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