Nasdaq 100 may fall to 17000.00 - 17800.00

Pivot

19500.00

Our preference

Short positions below 19500.00 with targets at 17800.00 & 17000.00 in extension.

Alternative scenario

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

Comment

The RSI advocates for further decline.

Supports and resistances

20680.00

20150.00

19500.00

18440.85 Last

17800.00

17000.00

16230.00

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