Nasdaq 100 (CME) (U4) Intraday: target 20150.00.
Pivot:
19980.00
Our preference:
Long positions above 19980.00 with targets at 20100.00 & 20150.00 in extension.
Alternative scenario:
Below 19980.00 look for further downside with 19930.00 & 19880.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.