Market Analysis of NASDAQ on Friday 11 November 2022

2022-11-11 09:52Source:BtcDana

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

 

Pivot:

11420.00

 

Our preference:

Long positions above 11420.00 with targets at 11830.00 & 11940.00 in extension.

 

Alternative scenario:

Below 11420.00 look for further downside with 11220.00 & 11060.00 as targets.

 

Comment:

The RSI shows upside momentum.

https://asset.onetrader.online/upload/file/1668096000000/1668131561214.png

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