Market Analysis of NASDAQ on Monday 4 September 2023

2023-09-04 10:56Source:BtcDana

Nasdaq 100 (CME)‎ (U3)‎ Intraday: under pressure.

 

Pivot:

15580.00

 

Our preference:

Short positions below 15580.00 with targets at 15360.00 & 15240.00 in extension.

 

Alternative scenario:

Above 15580.00 look for further upside with 15670.00 & 15790.00 as targets.

 

Comment:

As long as 15580.00 is resistance, look for choppy price action with a bearish bias.

 

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