Nasdaq 100 (CME) (U2) Intraday: key resistance at 12600.00.
Pivot:
12600.00
Our preference:
Short positions below 12600.00 with targets at 12400.00 & 12320.00 in extension.
Alternative scenario:
Above 12600.00 look for further upside with 12690.00 & 12820.00 as targets.
Comment:
The RSI is mixed with a bearish bias.
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