Lets wait for price to reject at support. Abcd pattern has formed. Price is at previous support. I also see a falling wedge.
we can see a market is on a range, price is failing to break the resistance line, A bearish engulf should be a signal for to go short
NAS is currently forming a correction of that big sell. A bearish flag is seen on 1 HOUR TIME FRAME.Market approaching a valid resistance trendline of the downward channel.