Market Analysis of NASDAQ on Monday 27 February 2023

2023-02-27 10:30Source:BtcDana

Nasdaq 100 (CME)‎ (H3)‎ Intraday: expect 11860.00.

 

Pivot:

12090.00

 

Our preference:

Short positions below 12090.00 with targets at 11930.00 & 11860.00 in extension.

 

Alternative scenario:

Above 12090.00 look for further upside with 12180.00 & 12250.00 as targets.

 

Comment:

As long as the resistance at 12090.00 is not surpassed, the risk of the break below 11930.00 remains high.

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