Sunday, December 24, 2017

Nasdaq 100 futures for the day: Intraday support line at 5352.00

Nasdaq 100 futures (CME) (M7) for the day: Intraday support line at 5352.00

Buy with target above 5352.00 5413.00 points and 5428.00.

Our pivot point is at the level of 5352.00.

Our preference: fly above 5352.00 to 5413.00 of the target point and 5428.00.

Alternative scenario: The downside breakout level of 5352.00 will open the way to 5334.75 and 5317.00.

Analysis: in the short-term trend remains upward with sagging bullish dynamics.

Support and resistance levels:

5437.00 **

5428.00 **

5413.00 ***

5375.00 Closing Price

5352.00 ***

5334.75 **

5317.00 **


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