Market Analysis of NASDAQ on Friday 18 November 2022

2022-11-18 09:54Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: caution.

 

Pivot:

11770.00

 

Our preference:

Short positions below 11770.00 with targets at 11630.00 & 11550.00 in extension.

 

Alternative scenario:

Above 11770.00 look for further upside with 11840.00 & 11900.00 as targets.

 

Comment:

The RSI is mixed and calls for caution.

https://asset.onetrader.online/upload/file/1668700800000/1668736499543.png

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