Nasdaq 100 may rise to 16820.00 - 17300.00 Merry Christmas!!

Pivot

16100.00

Our preference

Long positions above 16100.00 with targets at 16820.00 & 17300.00 in extension.

Alternative scenario

Below 16100.00 look for further downside with 15900.00 & 15190.00 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

17600.00

17300.00

16820.00

16580.00 Last

16100.00

15900.00

15190.00

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

FYI I am still holding buys for 3 weeks an will until the 1st go on.

Merry Christmas to you all I hope you guys and gals are taking profits, ohhh and by the way the way Thank you for the support much appreciated.
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Penafian