Market Analysis of NASDAQ on Wednesday 11 October 2023

2023-10-11 10:17Source:BtcDana

Nasdaq 100 (CME)‎ (Z3)‎ Intraday: intraday support around 15240.00.

 

Pivot:

15240.00

 

Our preference:

Long positions above 15240.00 with targets at 15380.00 & 15450.00 in extension.

 

Alternative scenario:

Below 15240.00 look for further downside with 15150.00 & 15040.00 as targets.

 

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.

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