Market Analysis of NASDAQ on Friday 7 October 2022

2022-10-07 09:52Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: choppy.

 

Pivot:

11650.00

 

Our preference:

Short positions below 11650.00 with targets at 11447.00 & 11335.00 in extension.

 

Alternative scenario:

Above 11650.00 look for further upside with 11725.00 & 11800.00 as targets.

 

Comment:

The RSI is below its neutrality area at 50%

https://asset.onetrader.online/upload/file/1665072000000/1665107545722.png

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