Market Analysis of NASDAQ on Friday 21 October 2022

2022-10-21 09:53Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: 10730.00 in sight.

 

Pivot:

11215.00

 

Our preference:

Short positions below 11215.00 with targets at 10910.00 & 10730.00 in extension.

 

Alternative scenario:

Above 11215.00 look for further upside with 11330.00 & 11430.00 as targets.

 

Comment:

The RSI advocates for further downside.

https://asset.onetrader.online/upload/file/1666281600000/1666317258843.png

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