Nasdaq
Bearish Closed
Charts by TradingView

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 12276.80 will support the fall towards the target of 12030.35 the break of 12030.35 would push the price to 11866.05.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17011.93
  • Support S1: 16983.46, S2: 16931.53 , S3: 16903.06
  • Resistance R1: 17063.86 , R2: 17092.33 , R3: 17144.26