Market Analysis of NASDAQ on Tuesday 9 January 2024

2024-01-09 10:14Source:BtcDana

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.

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