Nasdaq 100 (CME) (U2) Intraday: key resistance at 12445.00.
Pivot:
12445.00
Our preference:
Short positions below 12445.00 with targets at 12250.00 & 12080.00 in extension.
Alternative scenario:
Above 12445.00 look for further upside with 12560.00 & 12655.00 as targets.
Comment:
As long as the resistance at 12445.00 is not surpassed, the risk of the break below 12250.00 remains high.
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