Nasdaq 100 (CME) may fall to 18240.00 - 18430.00
Pivot
18760.00
Our preference
Short positions below 18760.00 with targets at 18430.00 & 18240.00 in extension.
Alternative scenario
Above 18760.00 look for further upside with 18880.00 & 18980.00 as targets.
Comment
As long as 18760.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
18980.00
18880.00
18760.00
18543.80 Last
18430.00
18240.00
18000.00
Number of asterisks represents the strength of support and resistance levels.
18760.00
Our preference
Short positions below 18760.00 with targets at 18430.00 & 18240.00 in extension.
Alternative scenario
Above 18760.00 look for further upside with 18880.00 & 18980.00 as targets.
Comment
As long as 18760.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
18980.00
18880.00
18760.00
18543.80 Last
18430.00
18240.00
18000.00
Number of asterisks represents the strength of support and resistance levels.
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