Nasdaq 100 (CME) (H4) Intraday: intraday support around 16660.00.
Pivot:
16660.00
Our preference:
Long positions above 16660.00 with targets at 16820.00 & 16880.00 in extension.
Alternative scenario:
Below 16660.00 look for further downside with 16580.00 & 16500.00 as targets.
Comment:
The RSI is below its neutrality area at 50% but reversing up.