Market Analysis of NASDAQ on Thursday 17 November 2022

2022-11-17 09:50Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: under pressure.

 

Pivot:

11840.00

 

Our preference:

Short positions below 11840.00 with targets at 11620.00 & 11500.00 in extension.

 

Alternative scenario:

Above 11840.00 look for further upside with 11960.00 & 12110.00 as targets.

 

Comment:

Technically the RSI is below its neutrality area at 50.

https://asset.onetrader.online/upload/file/1668614400000/1668649827279.png

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