Market Analysis of NASDAQ on Monday 5 September 2022

2022-09-05 09:49Source:BtcDana

Nasdaq 100 (CME)‎ (U2)‎ Intraday: under pressure.

 

Pivot:

12230.00

 

Our preference:

Short positions below 12230.00 with targets at 12030.00 & 11980.00 in extension.

 

Alternative scenario:

Above 12230.00 look for further upside with 12310.00 & 12420.00 as targets.

 

Comment:

Technically the RSI is below its neutrality area at 50.

https://asset.onetrader.online/upload/file/1662307200000/1662342588220.png

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