Nasdaq 100 may fall to 17800.00 - 18450.00

Pivot

19500.00

Our preference

Short positions below 19500.00 with targets at 18450.00 & 17800.00 in extension.

Alternative scenario

Above 19500.00 look for further upside with 20150.00 & 20680.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

20680.00

20150.00

19500.00

18954.00 Last

18450.00

17800.00

16970.00

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