Nasdaq 100 (CME) (M4) Intraday: intraday support around 18490.00.
Pivot:
18490.00
Our preference:
Long positions above 18490.00 with targets at 18660.00 & 18710.00 in extension.
Alternative scenario:
Below 18490.00 look for further downside with 18420.00 & 18330.00 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.