Nasdaq 100 (CME) (H4) Intraday: bullish bias above 16670.00.
Pivot:
16670.00
Our preference:
Long positions above 16670.00 with targets at 16880.00 & 17000.00 in extension.
Alternative scenario:
Below 16670.00 look for further downside with 16580.00 & 16490.00 as targets.
Comment:
The next resistances are at 16880.00 and then at 17000.00.