Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 12913.30 will support the fall towards the target of 12739.00 the break of 12739.00 would push the price to 12622.80.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17625.53
  • Support S1: 17616.76, S2: 17602.93 , S3: 17594.16
  • Resistance R1: 17639.36 , R2: 17648.13 , R3: 17661.96