Market Analysis of NASDAQ on Friday 23 August 2024
Time 2024-08-23 04:05:24

Nasdaq 100 (CME)‎ (U4)‎ Intraday: key resistance at 19770.00.

Pivot:

19770.00

Our preference:

Short positions below 19770.00 with targets at 19450.00 & 19320.00 in extension.

Alternative scenario:

Above 19770.00 look for further upside with 19870.00 & 20000.00 as targets.

Comment:

The RSI is below its neutrality area at 50%

source BtcDana