Scroll Top

NASDAQ100 – Reversal Chart Pattern – Rising Wedge

NASDAQ100 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If NASDAQ100 continues in its current trajectory, we could see it reach 18288.7816 within the next 15 days.