Nasdaq 100 (CME) (U3) Intraday: bullish bias above 14690.00.
Pivot:
14690.00
Our preference:
Long positions above 14690.00 with targets at 14860.00 & 14960.00 in extension.
Alternative scenario:
Below 14690.00 look for further downside with 14640.00 & 14590.00 as targets.
Comment:
A support base at 14690.00 has formed and has allowed for a temporary stabilisation.