Market Analysis of NASDAQ on Friday 5 August 2022

2022-08-05 13:26Source:BtcDana

Nasdaq 100 (CME)‎ (U2)‎ Intraday: further advance.

 

Pivot:

13185.00

 

Our preference:

Long positions above 13185.00 with targets at 13470.00 & 13570.00 in extension.

 

Alternative scenario:

Below 13185.00 look for further downside with 13105.00 & 13030.00 as targets.

 

Comment:

The next resistances are at 13470.00 and then at 13570.00.

https://asset.onetrader.online/upload/file/1659628800000/1659677189456.png

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