Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 12931.10 will support the fall towards the target of 12809.60 the break of 12809.60 would push the price to 12728.60.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17463.56
  • Support S1: 17436.83, S2: 17422.66 , S3: 17395.93
  • Resistance R1: 17477.73 , R2: 17504.46 , R3: 17518.63