Nasdaq 100 (CME) (Z2) Intraday: key resistance at 11480.00.
Pivot:
11480.00
Our preference:
Short positions below 11480.00 with targets at 11225.00 & 11100.00 in extension.
Alternative scenario:
Above 11480.00 look for further upside with 11560.00 & 11680.00 as targets.
Comment:
As long as the resistance at 11480.00 is not surpassed, the risk of the break below 11225.00 remains high.
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