The NASDAQ 100 tends to follow the S&P500 and Dow Jones 30 over the longer-term. The market is lagging behind, as in comparison to the other two. With this, I think 'catching up' is the likely outcome. I have drawn a 'W' on this chart which is bullish, and the dashed line shows the point of potential break out. The target is to reach at least the 4720 level - the previous high again......