Nasdaq 100 (CME) (Z4) Intraday: further advance.
Pivot:
20170.00
Our preference:
Long positions above 20170.00 with targets at 20400.00 & 20540.00 in extension.
Alternative scenario:
Below 20170.00 look for further downside with 20050.00 & 19950.00 as targets.
Comment:
The break above 20170.00 is a positive signal that has opened a path to 20400.00.