Market Analysis of NASDAQ on Thursday 11 Apr 2024

2024-04-11 12:38Source:BtcDana

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.

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