Market Analysis of NASDAQ on Monday 21 August 2023

2023-08-21 10:19Source:BtcDana

Nasdaq 100 (CME)‎ (U3)‎ Intraday: key resistance at 14800.00.

 

Pivot:

14800.00

 

Our preference:

Short positions below 14800.00 with targets at 14670.00 & 14610.00 in extension.

 

Alternative scenario:

Above 14800.00 look for further upside with 14900.00 & 15010.00 as targets.

 

Comment:

As long as 14800.00 is resistance, look for choppy price action with a bearish bias.

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