Nasdaq
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 11743.90 will support the fall towards the target of 11547.85 the break of 11547.85 would push the price to 11417.15.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17575.5
  • Support S1: 175, S2: 17406.4 , S3: 17344.9
  • Resistance R1: 17683.1 , R2: 17744.6 , R3: 17852.2