Nasdaq 100 (CME) (Z3) Intraday: consolidation in place.
Pivot:
16070.00
Our preference:
Short positions below 16070.00 with targets at 15950.00 & 15890.00 in extension.
Alternative scenario:
Above 16070.00 look for further upside with 16120.00 & 16170.00 as targets.
Comment:
The RSI calls for a drop.