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Nasdaq 100 (CME) (H3) Intraday: key resistance at 11270.00.
Pivot:
11270.00
Our preference:
Short positions below 11270.00 with targets at 11130.00 & 11000.00 in extension.
Alternative scenario:
Above 11270.00 look for further upside with 11410.00 & 11520.00 as targets.
Comment:
As long as the resistance at 11270.00 is not surpassed, the risk of the break below 11130.00 remains high.
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