Nasdaq 100 (CME) (H3) Intraday: intraday support around 11850.00.
Pivot:
11850.00
Our preference:
Long positions above 11850.00 with targets at 12100.00 & 12200.00 in extension.
Alternative scenario:
Below 11850.00 look for further downside with 11730.00 & 11630.00 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.