Nasdaq 100 ST: bullish bias above 20600.00.

Pivot: 20600.00

Our preference: long positions above 20600.00 with targets at 21700.00 & 22200.00 in extension.

Alternative scenario: below 20600.00 look for further downside with 20300.00 & 19570.00 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

28000.00

22200.00

21700.00

20970.98 Last

20600.00

20300.00

19570.00