Market Analysis of NASDAQ on Tuesday 16 August 2022

2022-08-16 09:54Source:BtcDana

Nasdaq 100 (CME)‎ (U2)‎ Intraday: the bias remains bullish.

 

Pivot:

13580.00

 

Our preference:

Long positions above 13580.00 with targets at 13810.00 & 13920.00 in extension.

 

Alternative scenario:

Below 13580.00 look for further downside with 13420.00 & 13310.00 as targets.

 

Comment:

The next resistances are at 13810.00 and then at 13920.00.

https://asset.onetrader.online/upload/file/1660579200000/1660614908509.png

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