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Nasdaq 100 (CME) (M4) Intraday: key resistance at 18445.00.
Pivot:
18445.00
Our preference:
Short positions below 18445.00 with targets at 18290.00 & 18235.00 in extension.
Alternative scenario:
Above 18445.00 look for further upside with 18510.00 & 18560.00 as targets.
Comment:
As long as 18445.00 is resistance, look for choppy price action with a bearish bias.
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