Nasdaq 100 may fall to 15075.00 - 16230.00

Pivot

18425.00

Our preference

Short positions below 18425.00 with targets at 16230.00 & 15075.00 in extension.

Alternative scenario

Above 18425.00 look for further upside with 19500.00 & 20675.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

20675.00 **

19500.00 **

18425.00 **

17823.00 Last

16230.00 ***

15075.00 **

14225.00 **

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