NASDAQ Forecast

D1 - Price has reached a key resistance zone formed by the 261.8% (11191.7) fibonacci expansion level of the first wave and the 161.8% (10995.4) fibonacci expansion level of the second wave. Bearish divergence.

Expecting corrections to happen now.

H4 - Bearish convergence. Currently, it looks like a pullback is happening.

H1 - Bearish trend pattern.

Expecting further continuation lower after pullbacks.