Nas 100

The 3 day selloff appears to be losing momentum with futures firmly in the green on Monday. Weekly indicators have reached oversold territory suggesting index could rebound in the coming weeks ,minor support at 11,927 and minor resistance if 12,095 should be monitored ,as a breakout will determine the direction. A break above 12,095 could signal an upside target at 12,210 on the flipside a break below 11,927 could signal a deeper pull with 11,800 being a potential target