The NASDAQ index started to decline under the influence of a descending wave from the top 15700 on the daily time frame.

The negativity on the index’s path has become more clear after breaking the support levels 14700, and the index is currently stabilizing at 14500 support levels, which are very important levels.

Breaking these levels will coincide with breaking the ascending trend line, which will lead the index to more negativity and to the targets 14200 / 13900