Nasdaq 100 (CME) (U4) Intraday: intraday support around 20120.00.
Pivot:
20120.00
Our preference:
Long positions above 20120.00 with targets at 20300.00 & 20400.00 in extension.
Alternative scenario:
Below 20120.00 look for further downside with 20050.00 & 19930.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.