Nasdaq 100 (CME) (M4) Intraday: under pressure.
Pivot:
18340.00
Our preference:
Short positions below 18340.00 with targets at 18140.00 & 18070.00 in extension.
Alternative scenario:
Above 18340.00 look for further upside with 18420.00 & 18500.00 as targets.
Comment:
The RSI advocates for further decline.