Nasdaq 100 (CME) (Z4) Intraday: key resistance at 20480.00.
Pivot:
20480.00
Our preference:
Short positions below 20480.00 with targets at 20200.00 & 20060.00 in extension.
Alternative scenario:
Above 20480.00 look for further upside with 20560.00 & 20680.00 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 20480.00.