Nasdaq 100 (CME) (H1) Intraday: the downside preva

Nasdaq 100 (CME) (H1) Intraday: the downside prevails.

TECH100

Trading Central 2021-02-23 08:11:06

Pivot: 13390.00

Our preference: short positions below 13390.00 with targets at 13080.00 & 13000.00 in extension.

Alternative scenario: above 13390.00 look for further upside with 13500.00 & 13620.00 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

13620.00

13500.00

13390.00

13229.00 Last

13080.00

13000.00

12930.00

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.