Market Analysis of NASDAQ on Wednesday 9 November 2022

2022-11-09 09:46Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: limited upside.

 

Pivot:

10950.00

 

Our preference:

Long positions above 10950.00 with targets at 11220.00 & 11320.00 in extension.

 

Alternative scenario:

Below 10950.00 look for further downside with 10850.00 & 10745.00 as targets.

 

Comment:

The RSI is around its neutrality area at 50%

https://asset.onetrader.online/upload/file/1667923200000/1667958425569.png

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