Market Analysis of NASDAQ on Thursday 20 October 2022

2022-10-20 09:48Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: key resistance at 11245.00.

 

Pivot:

11245.00

 

Our preference:

Short positions below 11245.00 with targets at 10990.00 & 10895.00 in extension.

 

Alternative scenario:

Above 11245.00 look for further upside with 11430.00 & 11580.00 as targets.

 

Comment:

The RSI is below its neutrality area at 50%

 

https://asset.onetrader.online/upload/file/1666195200000/1666230530666.png

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