Nasdaq 100 (CME) may fall to 18530.00 - 18790.00

Pivot

19110.00

Our preference lets watch the data released during the US session.

Short positions below 19110.00 with targets at 18790.00 & 18530.00 in extension.

Alternative scenario

Above 19110.00 look for further upside with 19220.00 & 19430.00 as targets.

Comment

As long as 19110.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

19430.00

19220.00

19110.00

18979.80 Last

18790.00

18530.00

18230.00

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