TradeWize · free chart read
NQ broke out of a falling wedge 1 bar ago on 3 times normal volume under a daily downtrend. Below $29174.87 the break has failed.
What the read found
- Trend: lower highs and lower lows over the window, 3 steps across 20 bars, still intact
- Formation: falling wedge — Broke above $29174.87 1 bar ago on 3 times normal volume. No retest yet.
- Decides above: $29174.87 (the falling wedge)
- Decides below: $28967.08 (the falling wedge)
- Resistance: $30313.00
- Support: $28963.67
- Level history: The last two times price reached $30313.00 it held once, bouncing 2.6%.
- Level history: The last four times price reached $28963.67 it held every time, bouncing 1.1% on average.
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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns