Nasdaq 100 (CME) (H4) Intraday: watch 17050.00.
Pivot:
16975.00
Our preference:
Long positions above 16975.00 with targets at 17050.00 & 17085.00 in extension.
Alternative scenario:
Below 16975.00 look for further downside with 16910.00 & 16870.00 as targets.
Comment:
The RSI is bullish and calls for further upside.