Nasdaq 100 may fall to 17430.00 - 17860.00

Pivot

19230.00

Our preference

Short positions below 19230.00 with targets at 17860.00 & 17430.00 in extension.

Alternative scenario

Above 19230.00 look for further upside with 20075.00 & 20680.00 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

20680.00

20075.00

19230.00

18424.00 Last

17860.00

17430.00

16975.00

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