Market Analysis of NASDAQ on Thursday 25 August 2022

2022-08-25 09:57Source:BtcDana

Nasdaq 100 (CME)‎ (U2)‎ Intraday: key resistance at 13015.00.

 

Pivot:

13015.00

 

Our preference:

Short positions below 13015.00 with targets at 12830.00 & 12690.00 in extension.

 

Alternative scenario:

Above 13015.00 look for further upside with 13135.00 & 13255.00 as targets.

 

Comment:

As long as 13015.00 is resistance, expect a return to 12830.00.

https://asset.onetrader.online/upload/file/1661356800000/1661392672024.png

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