Nasdaq 100 (CME) (H4) Intraday: intraday support around 17970.00.
Pivot:
17970.00
Our preference:
Long positions above 17970.00 with targets at 18150.00 & 18240.00 in extension.
Alternative scenario:
Below 17970.00 look for further downside with 17840.00 & 17705.00 as targets.
Comment:
The RSI is below its neutrality area at 50% but reversing up.