Nasdaq 100 (CME) (U2) Intraday: under pressure.
Pivot:
12380.00
Our preference:
Short positions below 12380.00 with targets at 12000.00 & 11880.00 in extension.
Alternative scenario:
Above 12380.00 look for further upside with 12500.00 & 12655.00 as targets.
Comment:
The RSI has broken down its 30 level.
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