Nasdaq 100 (CME) may fall to 19350.00 - 19450.00

Pivot

19720.00

Our preference

Short positions below 19720.00 with targets at 19450.00 & 19350.00 in extension.

Alternative scenario

Above 19720.00 look for further upside with 19845.00 & 19900.00 as targets.

Comment

As long as 19720.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

19900.00

19845.00

19720.00

19632.00 Last

19450.00

19350.00

19220.00

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