Market Analysis of NASDAQ on Monday 19 August 2024
Time 2024-08-19 04:08:39

Nasdaq 100 (CME)‎ (U4)‎ Intraday: watch 19870.00.

Pivot:

19450.00

Our preference:

Long positions above 19450.00 with targets at 19870.00 & 19970.00 in extension.

Alternative scenario:

Below 19450.00 look for further downside with 19220.00 & 19040.00 as targets.

Comment:

The RSI is above its neutrality area at 50%.

source BtcDana