Nasdaq 100 (CME) (M3) Intraday: look for 12320.00.
Pivot:
11975.00
Our preference:
Long positions above 11975.00 with targets at 12210.00 & 12320.00 in extension.
Alternative scenario:
Below 11975.00 look for further downside with 11900.00 & 11840.00 as targets.
Comment:
The RSI is bullish and calls for further upside.