Market Analysis of NASDAQ on Wednesday 21 August 2024
Time 2024-08-21 04:03:19

Nasdaq 100 (CME)‎ (U4)‎ Intraday: under pressure.

Pivot:

19930.00

Our preference:

Short positions below 19930.00 with targets at 19670.00 & 19560.00 in extension.

Alternative scenario:

Above 19930.00 look for further upside with 20070.00 & 20220.00 as targets.

Comment:

The RSI is below its neutrality area at 50%

source BtcDana