Market Analysis of NASDAQ on Tuesday 26 November 2024

2024-11-26 10:01Source:BtcDana

Nasdaq 100 (CME)‎ (Z4)‎ Intraday: bullish bias above 20700.00.

Pivot:

20700.00

Our preference:

Long positions above 20700.00 with targets at 21060.00 & 21270.00 in extension.

Alternative scenario:

Below 20700.00 look for further downside with 20500.00 & 20390.00 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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