Market Analysis of NASDAQ on Tuesday 20 December 2022

2022-12-20 10:16Source:BtcDana

Nasdaq 100 (CME)‎ (H3)‎ Intraday: key resistance at 11270.00.

 

Pivot:

11270.00

 

Our preference:

Short positions below 11270.00 with targets at 11130.00 & 11000.00 in extension.

 

Alternative scenario:

Above 11270.00 look for further upside with 11410.00 & 11520.00 as targets.

 

Comment:

As long as the resistance at 11270.00 is not surpassed, the risk of the break below 11130.00 remains high.

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