Nasdaq 100 (CME) (Z4) Intraday: bullish bias above 20140.00.
Pivot:
20140.00
Our preference:
Long positions above 20140.00 with targets at 20300.00 & 20400.00 in extension.
Alternative scenario:
Below 20140.00 look for further downside with 20070.00 & 20020.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.