Market Analysis of NASDAQ on Friday 4 November 2022

2022-11-04 09:46Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: the downside prevails.

 

Pivot:

10900.00

 

Our preference:

Short positions below 10900.00 with targets at 10590.00 & 10500.00 in extension.

 

Alternative scenario:

Above 10900.00 look for further upside with 10990.00 & 11070.00 as targets.

 

Comment:

Technically the RSI is below its neutrality area at 50.

https://asset.onetrader.online/upload/file/1667491200000/1667526397805.png

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