Market Analysis of NASDAQ on Wednesday 6 Mar 2024

2024-03-06 09:59Source:BtcDana

Nasdaq 100 (CME)‎ (H4)‎ Intraday: key resistance at 18030.00.

 

Pivot:

18030.00

 

Our preference:

Short positions below 18030.00 with targets at 17830.00 & 17720.00 in extension.

 

Alternative scenario:

Above 18030.00 look for further upside with 18120.00 & 18210.00 as targets.

 

Comment:

The upward potential is likely to be limited by the resistance at 18030.00.

 

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