Nasdaq 100 (CME) (M4) Intraday: the downside prevails.
Pivot:
18260.00
Our preference:
Short positions below 18260.00 with targets at 18050.00 & 17980.00 in extension.
Alternative scenario:
Above 18260.00 look for further upside with 18330.00 & 18410.00 as targets.
Comment:
As long as the resistance at 18260.00 is not surpassed, the risk of the break below 18050.00 remains high.