Nasdaq 100 (CME) (Z0) Intraday: key resistance at 12030.00.

Trading Central 2020-11-21 00:51:05

Pivot: 12030.00

Our preference: short positions below 12030.00 with targets at 11925.00 & 11885.00 in extension.

Alternative scenario: above 12030.00 look for further upside with 12060.00 & 12095.00 as targets.

Comment: as long as 12030.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

12095.00

12060.00

12030.00

11987.50 Last

11925.00

11885.00

11800.00

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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