Nasdaq 100 (CME) (Z4) Intraday: key resistance at 20350.00.
Pivot:
20350.00
Our preference:
Short positions below 20350.00 with targets at 20080.00 & 19880.00 in extension.
Alternative scenario:
Above 20350.00 look for further upside with 20490.00 & 20600.00 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 20350.00.