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^NDX broke out of a falling wedge 11 bars ago on light volume after the daily downtrend broke. Below 29395.30 the break has failed.

^NDX · 4H · read on 2026-09-24 · Broke above 29395.30 11 bars ago on light volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 44 bars — and that run is OVER: price closed above the last lower high 11 bars ago. Do not describe it as a trend that is still running.
Formation: falling wedge — Broke above 29395.30 11 bars ago on light volume. No retest yet.
Decides above: 32411.69 (the measured move)
Decides below: 29395.30 (the breakout)

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Every figure on this page was computed from the real candles up to 2026-09-24. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns