Nasdaq Consolidates as Uncertainty Surrounds FOMC Meeting
The Nasdaq seems to be moving into a price consolidation phase, reflecting a degree of uncertainty at these levels. With the upcoming FOMC meeting this week, the market's direction could become even more unclear. From a technical perspective, this type of price behavior may hint at a possible correction.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
18800 |
18600 |
18400 |
18000 |
17600 |
17400 |