Nasdaq 100 may fall to 17000.00 - 17430.00

Pivot

18800.00

Our preference

Short positions below 18800.00 with targets at 17430.00 & 17000.00 in extension.

Alternative scenario

Above 18800.00 look for further upside with 19500.00 & 20150.00 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

20150.00

19500.00

18800.00

18495.00 Last

17430.00

17000.00

15660.00

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