Nasdaq 100 (CME) (H5) Intraday: the downside prevails.
Pivot:
21840.00
Our preference:
Short positions below 21840.00 with targets at 21070.00 & 20930.00 in extension.
Alternative scenario:
Above 21840.00 look for further upside with 22090.00 & 22240.00 as targets.
Comment:
As long as 21840.00 is resistance, look for choppy price action with a bearish bias.