Nasdaq 100 (CME) (Z3) Intraday: range.
Pivot:
16000.00
Our preference:
Long positions above 16000.00 with targets at 16120.00 & 16170.00 in extension.
Alternative scenario:
Below 16000.00 look for further downside with 15950.00 & 15890.00 as targets.
Comment:
The RSI is mixed and calls for caution.