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 21636.86
  • Support S1: 21618.83, S2: 21598.46 , S3: 21580.43
  • Resistance R1: 21657.23 , R2: 21675.26 , R3: 21695.63