TradeWize · free chart read
NQ broke out of a falling wedge 4 bars ago on 5 times normal volume under a daily downtrend. Below $29071.76 the break has failed.
What the read found
- Trend: lower highs and lower lows over the window, 3 steps across 33 bars — and that run is OVER: price closed above the last lower high 3 bars ago. Do not describe it as a trend that is still running.
- Formation: falling wedge — Broke above $29071.76 4 bars ago on 5 times normal volume. No retest yet.
- Decides above: $29682.05 (resistance)
- Decides below: $29071.76 (the breakout)
- Resistance: $29682.05
- Support: $29136.63
- Support: $29019.00
- Level history: The last six times price reached $29682.05 it held every time, bouncing 0.8% on average.
- Level history: The last four times price reached $29136.63 it held three times, bouncing 0.6% on average, and broke through once.
- Level history: The last six times price reached $29019.00 it held every time, bouncing 0.6% on average.
Read your own chart
Analyze a chart
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