Nasdaq 100 may rise to 19500.00 - 19900.00

Pivot

18400.00

Our preference

Long positions above 18400.00 with targets at 19500.00 & 19900.00 in extension.

Alternative scenario

Below 18400.00 look for further downside with 17830.00 & 16970.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

20200.00

19900.00

19500.00

19000.95 Last

18400.00

17830.00

16970.00

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