Market Analysis of NASDAQ on Monday 18 Mar 2024

2024-03-18 10:19Source:BtcDana

Nasdaq 100 (CME)‎ (M4)‎ Intraday: under pressure.

 

Pivot:

18190.00

 

Our preference:

Short positions below 18190.00 with targets at 18000.00 & 17920.00 in extension.

 

Alternative scenario:

Above 18190.00 look for further upside with 18310.00 & 18420.00 as targets.

 

Comment:

The break below 18190.00 is a negative signal that has opened a path to 18000.00.

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