Nasdaq 100 may rise to 18900.00 - 19500.00

Pivot

18180.00

Our preference

Long positions above 18180.00 with targets at 18900.00 & 19500.00 in extension.

Alternative scenario

Below 18180.00 look for further downside with 17830.00 & 16970.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

19800.00

19500.00

18900.00

18474.00 Last

18180.00

17830.00

16970.00

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