Market Analysis of NASDAQ on Monday 30 October 2023

2023-10-30 10:19Source:BtcDana

Nasdaq 100 (CME)‎ (Z3)‎ Intraday: choppy.

 

Pivot:

14420.00

 

Our preference:

Short positions below 14420.00 with targets at 14140.00 & 14000.00 in extension.

 

Alternative scenario:

Above 14420.00 look for further upside with 14600.00 & 14720.00 as targets.

 

Comment:

As long as 14420.00 is resistance, look for choppy price action with a bearish bias.

 

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