Nasdaq 100 (CME) (H3) Intraday: key resistance at 12280.00.
Pivot:
12280.00
Our preference:
Short positions below 12280.00 with targets at 12062.00 & 11990.00 in extension.
Alternative scenario:
Above 12280.00 look for further upside with 12370.00 & 12456.00 as targets.
Comment:
The RSI is bearish and calls for further decline.