Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 12723.70 will support the fall towards the target of 12721.60 the break of 12721.60 would push the price to 12720.20.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17711.96
  • Support S1: 17702.43, S2: 17692.16 , S3: 17682.63
  • Resistance R1: 17722.23 , R2: 17731.76 , R3: 17742.03