Market Analysis of NASDAQ on Monday 14 November 2022

2022-11-14 09:53Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: the bias remains bullish.

 

Pivot:

11620.00

 

Our preference:

Long positions above 11620.00 with targets at 12050.00 & 12170.00 in extension.

 

Alternative scenario:

Below 11620.00 look for further downside with 11500.00 & 11360.00 as targets.

 

Comment:

The RSI is above its neutrality area at 50%.

https://asset.onetrader.online/upload/file/1668355200000/1668390846405.png

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