Nasdaq 100 (CME) may fall to 19350.00 - 19450.00
Pivot
19720.00
Our preference
Short positions below 19720.00 with targets at 19450.00 & 19350.00 in extension.
Alternative scenario
Above 19720.00 look for further upside with 19845.00 & 19900.00 as targets.
Comment
As long as 19720.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
19900.00
19845.00
19720.00
19632.00 Last
19450.00
19350.00
19220.00
Number of asterisks represents the strength of support and resistance levels.
19720.00
Our preference
Short positions below 19720.00 with targets at 19450.00 & 19350.00 in extension.
Alternative scenario
Above 19720.00 look for further upside with 19845.00 & 19900.00 as targets.
Comment
As long as 19720.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
19900.00
19845.00
19720.00
19632.00 Last
19450.00
19350.00
19220.00
Number of asterisks represents the strength of support and resistance levels.
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