Nasdaq 100 (CME) (H3) Intraday: bullish bias above 12140.00.
Pivot:
12140.00
Our preference:
Long positions above 12140.00 with targets at 12280.00 & 12340.00 in extension.
Alternative scenario:
Below 12140.00 look for further downside with 12080.00 & 12010.00 as targets.
Comment:
The RSI calls for a rebound.