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NAS100 may be on a start of a new bullish trend after its breakout through this important resistance level

NAS100 has broken through a line of 17073.5000 and suggests a possible movement to 17389.0996 within the next 5 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 30 days.

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Important price line breached by E-Mini S&P 500 March 2024. This price has been tested numerous times before.

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