Nasdaq 100 (CME) (H4) Intraday: intraday support around 16320.00.
Pivot:
16320.00
Our preference:
Long positions above 16320.00 with targets at 16530.00 & 16600.00 in extension.
Alternative scenario:
Below 16320.00 look for further downside with 16260.00 & 16200.00 as targets.
Comment:
The next resistances are at 16530.00 and then at 16600.00.