Nasdaq 100 (CME) (M4) Intraday: under pressure.
Pivot:
18710.00
Our preference:
Short positions below 18710.00 with targets at 18490.00 & 18430.00 in extension.
Alternative scenario:
Above 18710.00 look for further upside with 18770.00 & 18830.00 as targets.
Comment:
The RSI has broken down its 30 level.