Nasdaq Awaits FOMC Impact, Key Levels for Bullish and Bearish

Nasdaq Technical Analysis
The price is oscillating between 20,130 and 20,070, with a breakout likely given today's FOMC. A close of the 4-hour candle below 20,100 would reinforce a bearish outlook, targeting 19,990 and 19,860.

Conversely, if the price stabilizes above 20,190 by closing a 1-hour candle, it could rise to 20,280, with the potential to reach 20,440 thereafter.

Key Levels:
Pivot Point: 20100
Resistance Levels: 20280, 20440, 20710
Support Levels: 19990, 19860, 19620

Trend:
- Consolidation 20280 - 19990
- Bearish below 19780
- Bullish above 20280