Nasdaq 100 ST: bullish bias above 20600.00.

High Volatility
2025-05-16 22:29Source:TC

Pivot: 20600.00

Our preference: long positions above 20600.00 with targets at 21700.00 & 22200.00 in extension.

Alternative scenario: below 20600.00 look for further downside with 20300.00 & 19570.00 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

28000.00

22200.00

21700.00

21427.00 Last

20600.00

20300.00

19570.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-16-2025 at 22:29 UTC+1

Price reference: 21427.00 last known on 05-16-2025 at 22:29 UTC+1

Investment horizon: ST

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