Market Analysis of NASDAQ on Friday 11 August 2023

2023-08-11 10:18Source:BtcDana

Nasdaq 100 (CME)‎ (U3)‎ Intraday: key resistance at 15290.00.

 

Pivot:

15290.00

 

Our preference:

Short positions below 15290.00 with targets at 15140.00 & 15080.00 in extension.

 

Alternative scenario:

Above 15290.00 look for further upside with 15420.00 & 15500.00 as targets.

 

Comment:

The upward potential is likely to be limited by the resistance at 15290.00.

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