Market Analysis of NASDAQ on Tuesday 23 Apr 2024

2024-04-23 11:07Source:BtcDana

Nasdaq 100 (CME)‎ (M4)‎ Intraday: intraday support around 17300.00.

 

Pivot:

17300.00

 

Our preference:

Long positions above 17300.00 with targets at 17450.00 & 17530.00 in extension.

 

Alternative scenario:

Below 17300.00 look for further downside with 17215.00 & 17110.00 as targets.

 

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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