Nasdaq 100 (CME) (U4) Intraday: key resistance at 20770.00.
Pivot:
20770.00
Our preference:
Short positions below 20770.00 with targets at 20580.00 & 20490.00 in extension.
Alternative scenario:
Above 20770.00 look for further upside with 20880.00 & 20960.00 as targets.
Comment:
As long as 20770.00 is resistance, look for choppy price action with a bearish bias.