Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 11406.00 will support the fall towards the target of 11068.20 the break of 11068.20 would push the price to 10843.00.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17553.83
  • Support S1: 17509.76, S2: 17433.63 , S3: 17389.56
  • Resistance R1: 17629.96 , R2: 17674.03 , R3: 17750.16