Market Analysis of NASDAQ on Monday 21 November 2022

2022-11-21 09:48Source:BtcDana

Nasdaq 100 (CME)‎ (Z2)‎ Intraday: key resistance at 11760.00.

 

Pivot:

11760.00

 

Our preference:

Short positions below 11760.00 with targets at 11610.00 & 11550.00 in extension.

 

Alternative scenario:

Above 11760.00 look for further upside with 11840.00 & 11900.00 as targets.

 

Comment:

The RSI is below its neutrality area at 50%

https://asset.onetrader.online/upload/file/1668960000000/1668995350811.png

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