Nasdaq 100 (CME) (U2) Intraday: the upside prevails.
Pivot:
12130.00
Our preference:
Long positions above 12130.00 with targets at 12390.00 & 12500.00 in extension.
Alternative scenario:
Below 12130.00 look for further downside with 12055.00 & 11920.00 as targets.
Comment:
The next resistances are at 12390.00 and then at 12500.00.
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