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Nasdaq 100 (CME) (M3) Intraday: consolidation.
Pivot:
13550.00
Our preference:
Short positions below 13550.00 with targets at 13420.00 & 13375.00 in extension.
Alternative scenario:
Above 13550.00 look for further upside with 13585.00 & 13620.00 as targets.
Comment:
As long as 13550.00 is resistance, look for choppy price action with a bearish bias.
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