Amazon.com may fall to 155.00 - 159.70

Pivot

174.00

Our preference

Short positions below 174.00 with targets at 159.70 & 155.00 in extension.

Alternative scenario

Above 174.00 look for further upside with 178.90 & 184.90 as targets.

Comment

The index currently faces a challenging resistance area at 174.00.

Supports and resistances

184.90

178.90

174.00

167.78 Last

159.70

155.00

150.00

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