# NASDAQ Technical Analysis

> NASDAQ price expected to correct upward before trend reversal.
- Title: NASDAQ Technical Analysis · TradingView | Shortify
- Summary: NASDAQ price expected to correct upward before trend reversal. NASDAQ price may rise to 29290 pivot level before resuming decline.
- Keywords: nasdaq, technical analysis, pivot level, support levels, resistance levels, nasdaq 100, business, finance, Technical, Analysis, TradingView
- Source: TradingView — https://tradingview.com/chart/NASDAQ/aJONxnAs-NASDAQ-Technical-Analysis
- Published: 2026-09-16T10:51:43+00:00
- Read time: 1 min
- Topics: nasdaq, technical analysis, pivot level, support levels, resistance levels, nasdaq 100, business, finance
## Current NASDAQ Price Trend
The price of NASDAQ is currently expected to undergo a bullish correction toward the 29290 pivot level before resuming its downward trend.
## Bearish Trend Conditions
As long as the price trades below this pivot point, the trend remains bearish toward the support targets at 28950 and subsequently 28770.
## Bullish Trend Conditions
However, if the price manages to break above the 29290 pivot level and confirms a 1-hour candle close above it, a bullish trend will be initiated toward the resistance levels at 29450 and 29600.
## Support Levels
Support Levels: 28950, 28770.
## Resistance Levels
Resistance Levels: 29450, 29600.
## Key takeaway

NASDAQ price may rise to 29290 pivot level before resuming decline.