Market Analysis of NASDAQ on Thursday 27 October 2022

2022-10-27 09:52Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: consolidation.

 

Pivot:

11560.00

 

Our preference:

Short positions below 11560.00 with targets at 11380.00 & 11215.00 in extension.

 

Alternative scenario:

Above 11560.00 look for further upside with 11700.00 & 11830.00 as targets.

 

Comment:

The RSI is below its neutrality area at 50%

https://asset.onetrader.online/upload/file/1666800000000/1666835545746.png

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