Market Analysis of NASDAQ on Wednesday 6 December 2023

2023-12-06 10:11Source:BtcDana

Nasdaq 100 (CME)‎ (H4)‎ Intraday: intraday support around 16050.00.

 

Pivot:

16050.00

 

Our preference:

Long positions above 16050.00 with targets at 16160.00 & 16210.00 in extension.

 

Alternative scenario:

Below 16050.00 look for further downside with 16010.00 & 15960.00 as targets.

 

Comment:

The next resistances are at 16160.00 and then at 16210.00.

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