Market Analysis of NASDAQ on Wednesday 10 January 2024

2024-01-10 10:13Source:BtcDana

Nasdaq 100 (CME)‎ (H4)‎ Intraday: intraday support around 16660.00.

 

Pivot:

16660.00

 

Our preference:

Long positions above 16660.00 with targets at 16940.00 & 17040.00 in extension.

 

Alternative scenario:

Below 16660.00 look for further downside with 16560.00 & 16490.00 as targets.

 

Comment:

The next resistances are at 16940.00 and then at 17040.00.

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