Nasdaq 100 (CME) (Z2) Intraday: the downside prevails.
Pivot:
12330.00
Our preference:
Short positions below 12330.00 with targets at 11930.00 & 11800.00 in extension.
Alternative scenario:
Above 12330.00 look for further upside with 12480.00 & 12690.00 as targets.
Comment:
The RSI has broken down its 30 level.
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