Market Analysis of NASDAQ on Friday 19 August 2022

2022-08-19 09:52Source:BtcDana

Nasdaq 100 (CME)‎ (U2)‎ Intraday: key resistance at 13615.00.

 

Pivot:

13615.00

 

Our preference:

Short positions below 13615.00 with targets at 13405.00 & 13315.00 in extension.

 

Alternative scenario:

Above 13615.00 look for further upside with 13740.00 & 13840.00 as targets.

 

Comment:

The RSI has just struck against its neutrality area at 50% and is reversing down.

https://asset.onetrader.online/upload/file/1660838400000/1660874015989.png

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