Nasdaq 100 (CME) (M4) Intraday: key resistance at 18440.00.
Pivot:
18440.00
Our preference:
Short positions below 18440.00 with targets at 18270.00 & 18200.00 in extension.
Alternative scenario:
Above 18440.00 look for further upside with 18500.00 & 18600.00 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.