Market Analysis of NASDAQ on Tuesday 9 August 2022

2022-08-09 10:02Source:BtcDana

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

 

Pivot:

13265.00

 

Our preference:

Short positions below 13265.00 with targets at 13090.00 & 12990.00 in extension.

 

Alternative scenario:

Above 13265.00 look for further upside with 13380.00 & 13440.00 as targets.

 

Comment:

Technically the RSI is below its neutrality area at 50.

https://asset.onetrader.online/upload/file/1659974400000/1660010549862.png

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