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Nasdaq 100 (CME) (M3) Intraday: key resistance at 13130.00.
Pivot:
13130.00
Our preference:
Short positions below 13130.00 with targets at 13000.00 & 12940.00 in extension.
Alternative scenario:
Above 13130.00 look for further upside with 13180.00 & 13240.00 as targets.
Comment:
The index currently faces a challenging resistance area at 13130.00.
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