Nasdaq
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 11657.70 will support the fall towards the target of 11104.20 the break of 11104.20 would push the price to 10735.20.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17416.7
  • Support S1: 17237.5, S2: 17144.3 , S3: 16965.1
  • Resistance R1: 17509.9 , R2: 17689.1 , R3: 17782.3