Market Analysis of NASDAQ on Thursday 30 March 2023

Nasdaq 100 (CME)‎ (M3)‎ Intraday: the bias remains bullish.

Pivot:

12855.00

Our preference:

Long positions above 12855.00 with targets at 13030.00 & 13100.00 in extension.

Alternative scenario:

Below 12855.00 look for further downside with 12770.00 & 12705.00 as targets.

Comment:

The RSI is above its neutrality area at 50%.