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Nasdaq 100 (CME) (Z4) Intraday: key resistance at 21220.00.
Pivot:
21220.00
Our preference:
Short positions below 21220.00 with targets at 21100.00 & 21055.00 in extension.
Alternative scenario:
Above 21220.00 look for further upside with 21265.00 & 21300.00 as targets.
Comment:
As long as 21220.00 is resistance, look for choppy price action with a bearish bias.
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