Market Analysis of NASDAQ on Wednesday 14 December 2022

2022-12-14 10:11Source:BtcDana

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.

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