Nasdaq 100 (CME) (U4) Intraday: watch 19700.00.
Pivot:
19410.00
Our preference:
Long positions above 19410.00 with targets at 19700.00 & 19870.00 in extension.
Alternative scenario:
Below 19410.00 look for further downside with 19220.00 & 19040.00 as targets.
Comment:
The break above 19410.00 is a positive signal that has opened a path to 19700.00.