Nasdaq 100 (CME) (Z2) Intraday: consolidation in place.
Pivot:
11890.00
Our preference:
Short positions below 11890.00 with targets at 11620.00 & 11500.00 in extension.
Alternative scenario:
Above 11890.00 look for further upside with 12050.00 & 12170.00 as targets.
Comment:
The RSI is below its neutrality area at 50%
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