Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 13420.30 will support the fall towards the target of 13140.85 the break of 13140.85 would push the price to 12954.55.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17397.03
  • Support S1: 17360.06, S2: 17336.23 , S3: 17299.26
  • Resistance R1: 17420.86 , R2: 17457.83 , R3: 17481.66