Nasdaq 100 (CME) (H4) Intraday: intraday support around 16700.00.
Pivot:
16700.00
Our preference:
Long positions above 16700.00 with targets at 16865.00 & 16930.00 in extension.
Alternative scenario:
Below 16700.00 look for further downside with 16620.00 & 16560.00 as targets.
Comment:
The next resistances are at 16865.00 and then at 16930.00.