Market Analysis of NASDAQ on Wednesday 17 Apr 2024

2024-04-17 10:51Source:BtcDana

Nasdaq 100 (CME)‎ (M4)‎ Intraday: the downside prevails.

 

Pivot:

18000.00

 

Our preference:

Short positions below 18000.00 with targets at 17780.00 & 17700.00 in extension.

 

Alternative scenario:

Above 18000.00 look for further upside with 18120.00 & 18240.00 as targets.

 

Comment:

As long as 18000.00 is resistance, look for choppy price action with a bearish bias.

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