Nasdaq 100 (CME) (M4) Intraday: expect 18380.00.
Pivot:
18530.00
Our preference:
Short positions below 18530.00 with targets at 18425.00 & 18380.00 in extension.
Alternative scenario:
Above 18530.00 look for further upside with 18570.00 & 18610.00 as targets.
Comment:
The RSI has just struck against its neutrality area at 50% and is reversing down.