Nasdaq 100 (CME) may fall to 18240.00 - 18430.00

Pivot

18760.00

Our preference

Short positions below 18760.00 with targets at 18430.00 & 18240.00 in extension.

Alternative scenario

Above 18760.00 look for further upside with 18880.00 & 18980.00 as targets.

Comment

As long as 18760.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18980.00

18880.00

18760.00

18543.80 Last

18430.00

18240.00

18000.00

Number of asterisks represents the strength of support and resistance levels.