Nasdaq 100 (CME) (M4) Intraday: watch 17500.00.
Pivot:
17790.00
Our preference:
Short positions below 17790.00 with targets at 17590.00 & 17500.00 in extension.
Alternative scenario:
Above 17790.00 look for further upside with 17950.00 & 18120.00 as targets.
Comment:
The RSI calls for a new downleg.