Market Analysis of NASDAQ on Monday 8 August 2022

2022-08-08 11:02Source:BtcDana

Nasdaq 100 (CME)‎ (U2)‎ Intraday: caution.

 

Pivot:

13075.00

 

Our preference:

Long positions above 13075.00 with targets at 13300.00 & 13380.00 in extension.

 

Alternative scenario:

Below 13075.00 look for further downside with 12990.00 & 12890.00 as targets.

 

Comment:

Intraday technical indicators are mixed and call for caution.

https://asset.onetrader.online/upload/file/1659888000000/1659927789547.png

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