Nasdaq 100 (CME) (Z2) Intraday: key resistance at 11830.00.
Pivot:
11830.00
Our preference:
Short positions below 11830.00 with targets at 11500.00 & 11380.00 in extension.
Alternative scenario:
Above 11830.00 look for further upside with 11950.00 & 12090.00 as targets.
Comment:
The RSI is bearish and calls for further downside.
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