Nasdaq 100 may fall to 18380.00 - 18480.00

Pivot

18730.00

Our preference

Short positions below 18730.00 with targets at 18480.00 & 18380.00 in extension.

Alternative scenario

Above 18730.00 look for further upside with 18840.00 & 18940.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

18940.00

18840.00

18730.00

18623.00 Last

18480.00

18380.00

18270.00

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