Nasdaq 100 (CME) (U4) Intraday: the downside prevails.
Pivot:
18700.00
Our preference:
Short positions below 18700.00 with targets at 18030.00 & 17800.00 in extension.
Alternative scenario:
Above 18700.00 look for further upside with 18950.00 & 19140.00 as targets.
Comment:
The immediate trend remains down and the momentum is strong.