Market Analysis of NASDAQ on Monday 25 Mar 2024

2024-03-25 10:22Source:BtcDana

Nasdaq 100 (CME)‎ (M4)‎ Intraday: intraday support around 18490.00.

 

Pivot:

18490.00

 

Our preference:

Long positions above 18490.00 with targets at 18660.00 & 18710.00 in extension.

 

Alternative scenario:

Below 18490.00 look for further downside with 18420.00 & 18330.00 as targets.

 

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.

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