Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 12578.00 will support the fall towards the target of 12001.25 the break of 12001.25 would push the price to 11616.75.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17533.43
  • Support S1: 17521.06, S2: 17508.03 , S3: 17495.66
  • Resistance R1: 17546.46 , R2: 17558.83 , R3: 17571.86