Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 17873.00 will support the fall towards the target of 17637.35 the break of 17637.35 would push the price to 17480.25.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 20247.13
  • Support S1: 20240.56, S2: 20231.93 , S3: 20225.36
  • Resistance R1: 20255.76 , R2: 20262.33 , R3: 20270.96