Market Analysis of NASDAQ on Wednesday 24 August 2022

2022-08-24 09:52Source:BtcDana

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

 

Pivot:

13050.00

 

Our preference:

Short positions below 13050.00 with targets at 12820.00 & 12690.00 in extension.

 

Alternative scenario:

Above 13050.00 look for further upside with 13255.00 & 13400.00 as targets.

 

Comment:

The index currently faces a challenging resistance area at 13050.00.

https://asset.onetrader.online/upload/file/1661270400000/1661305983630.png

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