2026-01-13 18:50:33

The Nasdaq 100 index is approaching the peak of its ascending wedge formation, yet price action keeps defending both resistance and support levels. This setup suggests something's brewing beneath the surface. Once options expiration hits, expect volatility to spike. The tension between buyers and sellers intensifying near these key levels could trigger sharp moves—either way, traders should stay alert for significant price action soon.

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NotSatoshi

· 4h ago

Well, this wedge-shaped resistance is about to break, and by the time options expiration comes, it might explode.

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GasWaster

· 4h ago

Wait a minute, is Wedge going to explode? I think this is another wolf coming, I've said this many times before.

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GasFeeBarbecue

· 4h ago

It's the same old trick again, waiting for the wedge to form before expecting a breakout, and having to watch it closely before options expiration.

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ContractSurrender

· 4h ago

The Nasdaq's wedge pattern this time really has me on edge, just waiting for the options expiration moment.

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SolidityJester

· 4h ago

Is this the kind of market where they hold back big moves again? The wedge upper boundary has been tested but not broken... Do we really have to wait until options expiration day to see the show?

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