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Nasdaq 100 (CME) (M3) Intraday: key resistance at 12250.00.
Pivot:
12250.00
Our preference:
Short positions below 12250.00 with targets at 11930.00 & 11805.00 in extension.
Alternative scenario:
Above 12250.00 look for further upside with 12320.00 & 12390.00 as targets.
Comment:
As long as 12250.00 is resistance, expect a return to 11930.00.
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