Nasdaq 100 (CME) (U3) Intraday: limited upside.
Pivot:
14860.00
Our preference:
Long positions above 14860.00 with targets at 15100.00 & 15200.00 in extension.
Alternative scenario:
Below 14860.00 look for further downside with 14700.00 & 14590.00 as targets.
Comment:
Investors have to remain cautious since these levels may trigger profit taking.