Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 20311.30 will support the fall towards the target of 20171.80 the break of 20171.80 would push the price to 20078.80.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 20771.13
  • Support S1: 20743.36, S2: 20726.33 , S3: 20698.56
  • Resistance R1: 20788.16 , R2: 20815.93 , R3: 20832.96