Nasdaq 100 may rise to 18800.00 - 18940.00

Pivot

18600.00

Our preference

Long positions above 18600.00 with targets at 18800.00 & 18940.00 in extension.

Alternative scenario

Below 18600.00 look for further downside with 18480.00 & 18380.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

19090.00

18940.00

18800.00

18713.00 Last

18600.00

18480.00

18380.00

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