Hello all, as you may have seen, indices have not had a healthy correction lately and they are overdue. Nas100 has broken out of this curve twice, the first time it got rejected and the second time is now. shall we hold this current support, new highs can be made. Although, nas100 looks pretty weak and the momentum has also been steadily downtrending, with a false breakout of its top "trend line". Breaking this support will allow nas100 to drop back below curve, and start its correction wave.