Market Analysis of NASDAQ on Friday 15 December 2023

2023-12-15 10:19Source:BtcDana

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.

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