Nasdaq 100 (CME) may fall to 17250.00 - 17370.00 and below

Pivot

17600.00

Our preference

Short positions below 17600.00 with targets at 17370.00 & 17250.00 in extension.

Alternative scenario

Above 17600.00 look for further upside with 17670.00 & 17800.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

17800.00

17670.00

17600.00

17507.00 Last

17370.00

17250.00

17140.00

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