Market Analysis of NASDAQ on Friday 14 October 2022

2022-10-14 09:55Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: expect 11270.00.

 

Pivot:

10990.00

 

Our preference:

Long positions above 10990.00 with targets at 11180.00 & 11270.00 in extension.

 

Alternative scenario:

Below 10990.00 look for further downside with 10880.00 & 10770.00 as targets.

 

Comment:

The RSI is bullish and calls for further advance.

https://asset.onetrader.online/upload/file/1665676800000/1665712553760.png

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