Market Analysis of NASDAQ on Monday 10 October 2022

2022-10-10 09:53Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: under pressure.

 

Pivot:

11170.00

 

Our preference:

Short positions below 11170.00 with targets at 10890.00 & 10800.00 in extension.

 

Alternative scenario:

Above 11170.00 look for further upside with 11370.00 & 11520.00 as targets.

 

Comment:

The RSI has broken down its 30 level.

https://asset.onetrader.online/upload/file/1665331200000/1665366823849.png

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