Nasdaq 100 (CME) (Z4) Intraday: the downside prevails.
Pivot:
20180.00
Our preference:
Short positions below 20180.00 with targets at 19880.00 & 19690.00 in extension.
Alternative scenario:
Above 20180.00 look for further upside with 20250.00 & 20400.00 as targets.
Comment:
As long as the resistance at 20180.00 is not surpassed, the risk of the break below 19880.00 remains high.