Nasdaq 100 (CME) may rise to 17000.00 - 17070.00
Pivot
16710.00
Our preference
Long positions above 16710.00 with targets at 17000.00 & 17070.00 in extension.
Alternative scenario
Below 16710.00 look for further downside with 16580.00 & 16490.00 as targets.
Comment
Investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances
17160.00
17070.00
17000.00
16836.00 Last
16710.00
16580.00
16490.00
Number of asterisks represents the strength of support and resistance levels.
16710.00
Our preference
Long positions above 16710.00 with targets at 17000.00 & 17070.00 in extension.
Alternative scenario
Below 16710.00 look for further downside with 16580.00 & 16490.00 as targets.
Comment
Investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances
17160.00
17070.00
17000.00
16836.00 Last
16710.00
16580.00
16490.00
Number of asterisks represents the strength of support and resistance levels.
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