Market Analysis of NASDAQ on Wednesday 1 November 2023

2023-11-01 10:14Source:BtcDana

Nasdaq 100 (CME)‎ (Z3)‎ Intraday: intraday support around 14400.00.

 

Pivot:

14400.00

 

Our preference:

Long positions above 14400.00 with targets at 14520.00 & 14600.00 in extension.

 

Alternative scenario:

Below 14400.00 look for further downside with 14310.00 & 14220.00 as targets.

 

Comment:

Technically the RSI is above its neutrality area at 50.

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