NASDAQ is pulling back to test the rising wedge support
NASDAQ is being rejected by the strong upside resistance/downside support confluence. A break below 13350 will lead to a strong downside reversal and a break of a rising wedge for a continuation lower. The pullback is coming also from 61.8% of the March-June swing lower and this last swing higher from 11400 was the biggest upside correction in this downtrend.
Note: look for the short trade entries with the stop loss above 13600
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