Market Analysis of NASDAQ on Monday 14 August 2023

2023-08-14 10:49Source:BtcDana

Nasdaq 100 (CME)‎ (U3)‎ Intraday: key resistance at 15190.00.

 

Pivot:

15190.00

 

Our preference:

Short positions below 15190.00 with targets at 15040.00 & 14930.00 in extension.

 

Alternative scenario:

Above 15190.00 look for further upside with 15290.00 & 15420.00 as targets.

 

Comment:

The index currently faces a challenging resistance area at 15190.00.

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