Market Analysis of NASDAQ on Thursday 13 October 2022

2022-10-13 07:24Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: key resistance at 10970.00.

 

Pivot:

10970.00

 

Our preference:

Short positions below 10970.00 with targets at 10800.00 & 10700.00 in extension.

 

Alternative scenario:

Above 10970.00 look for further upside with 11065.00 & 11170.00 as targets.

 

Comment:

The RSI is below its neutrality area at 50%

https://asset.onetrader.online/upload/file/1665590400000/1665626209076.png

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