NAS 100 opens after the long weekend strong.
The NAS 100 is making a promising move Monday night after the MLK long weekend. Price has held the previous week's low so far which is key. If price can clear 13000 look for a test of the highs this week and a potential breakout to the fib extensions. If price reverses the previous week's low and the recent range 618fib is the level to watch on the down side.
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Closed yesterday above 13k ... now at ATH. If it breaks out look for resistance between 13200 and 13300.
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The red box is the area I'm targeting to the up side.
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Hit key resistance.
