Nasdaq 100 (CME) (U4) Intraday: key resistance at 19770.00.
Pivot:
19770.00
Our preference:
Short positions below 19770.00 with targets at 19450.00 & 19320.00 in extension.
Alternative scenario:
Above 19770.00 look for further upside with 19870.00 & 20000.00 as targets.
Comment:
The RSI is below its neutrality area at 50%