Hello Traders,

Here we are looking at NAS from the Daily timeframe and I have identified two possible scenarios that could play out this week.

Scenario 1 is that if price closes above $17600 - $17400 then that will push price further to the upside back to 18k area

Scenario 2 is that is price closes below this $17600 - $17400 area then that will indicate a further push to the downside for price.

Good luck all and trade responsibly!!
Support and ResistanceTrend Lines

Disclaimer