Market Analysis of NASDAQ on Tuesday 12 December 2023

2023-12-12 10:48Source:BtcDana

Nasdaq 100 (CME)‎ (H4)‎ Intraday: intraday support around 16320.00.

 

Pivot:

16320.00

 

Our preference:

Long positions above 16320.00 with targets at 16530.00 & 16600.00 in extension.

 

Alternative scenario:

Below 16320.00 look for further downside with 16260.00 & 16200.00 as targets.

 

Comment:

The next resistances are at 16530.00 and then at 16600.00.

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