Market Analysis of NASDAQ on Tuesday 27 August 2024
Time 2024-08-27 04:05:20

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

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:

The RSI is below its neutrality area at 50%

source BtcDana