NASDAQ August 17th Analysis

Don't mind the Renko chart. I use it for better price action entry. Analysis is on the right with line chart. You will see bearish divergence and a trend line waiting to be broke. Expecting price to return near 14500 area. Which is also a strong support area. So if price breaks area look for 14000 area. After drop will be looking for best entry for buy since this is an all around bullish market to trade.