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Nasdaq 100 (CME) (Z3) Intraday: key resistance at 14770.00.
Pivot:
14770.00
Our preference:
Short positions below 14770.00 with targets at 14600.00 & 14500.00 in extension.
Alternative scenario:
Above 14770.00 look for further upside with 14890.00 & 14970.00 as targets.
Comment:
As long as 14770.00 is resistance, look for choppy price action with a bearish bias.
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