Market Analysis of NASDAQ on Friday 23 September 2022

2022-09-23 09:53Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: the downside prevails.

 

Pivot:

11750.00

 

Our preference:

Short positions below 11750.00 with targets at 11380.00 & 11260.00 in extension.

 

Alternative scenario:

Above 11750.00 look for further upside with 11890.00 & 12035.00 as targets.

 

Comment:

The RSI is bearish and calls for further decline.

https://asset.onetrader.online/upload/file/1663862400000/1663898059006.png

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