NAS100 has broken through a resistance line of a Pennant and suggests a possible movement to 7998.6345 within the next 7 days. 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 30 days.
Big movement expected on NAS100 after a breach of the resistance
