Nasdaq 100 may rise to 19900.00 - 20300.00

Pivot

18750.00

Our preference

Long positions above 18750.00 with targets at 19900.00 & 20300.00 in extension.

Alternative scenario

Below 18750.00 look for further downside with 18400.00 & 17830.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

20500.00

20300.00

19900.00

19465.00 Last

18750.00

18400.00

17830.00

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