Nasdaq 100 (CME) (H3) Intraday: expect 12250.00.
Pivot:
12050.00
Our preference:
Long positions above 12050.00 with targets at 12170.00 & 12250.00 in extension.
Alternative scenario:
Below 12050.00 look for further downside with 11980.00 & 11880.00 as targets.
Comment:
The next resistances are at 12170.00 and then at 12250.00.
