Nasdaq 100 may rise to 19900.00 - 20300.00

Pivot

18900.00

Our preference

Long positions above 18900.00 with targets at 19900.00 & 20300.00 in extension.

Alternative scenario

Below 18900.00 look for further downside with 18400.00 & 17830.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

20500.00

20300.00

19900.00

19465.18 Last

18900.00

18400.00

17830.00

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