Big movement expected on NAS100 after a breach of the resistance

NAS100 has broken through a resistance line of a Triangle and suggests a possible movement to 12240.1392 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 23 hours.