Nasdaq 100 (CME) (H4) Intraday: expect 17130.00.
Pivot:
16850.00
Our preference:
Long positions above 16850.00 with targets at 17040.00 & 17130.00 in extension.
Alternative scenario:
Below 16850.00 look for further downside with 16780.00 & 16720.00 as targets.
Comment:
The next resistances are at 17040.00 and then at 17130.00.