Nasdaq 100 (CME) (M4) Intraday: bullish bias above 18260.00.
Pivot:
18260.00
Our preference:
Long positions above 18260.00 with targets at 18460.00 & 18560.00 in extension.
Alternative scenario:
Below 18260.00 look for further downside with 18140.00 & 18050.00 as targets.
Comment:
The RSI shows upside momentum.