Market Analysis of NASDAQ on Friday 7 July 2023

2023-07-07 10:17Source:BtcDana

Nasdaq 100 (CME)‎ (U3)‎ Intraday: key resistance at 15265.00.

 

Pivot:

15265.00

 

Our preference:

Short positions below 15265.00 with targets at 15120.00 & 15060.00 in extension.

 

Alternative scenario:

Above 15265.00 look for further upside with 15365.00 & 15430.00 as targets.

 

Comment:

The RSI has just struck against its neutrality area at 50% and is reversing down.

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