Market Analysis of NASDAQ on Tuesday 24 October 2023

2023-10-24 10:14Source:BtcDana

Nasdaq 100 (CME)‎ (Z3)‎ Intraday: key resistance at 14870.00.

 

Pivot:

14870.00

 

Our preference:

Short positions below 14870.00 with targets at 14650.00 & 14520.00 in extension.

 

Alternative scenario:

Above 14870.00 look for further upside with 14970.00 & 15090.00 as targets.

 

Comment:

The upward potential is likely to be limited by the resistance at 14870.00.

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