Nasdaq 100 (CME) (M4) Intraday: under pressure.
Pivot:
17690.00
Our preference:
Short positions below 17690.00 with targets at 17310.00 & 17210.00 in extension.
Alternative scenario:
Above 17690.00 look for further upside with 17770.00 & 17840.00 as targets.
Comment:
The RSI has broken down its 30 level.