Since the beginning of the year, the US technological index is gained more than 11.0% in addition last week rallied almost 5.0% and is in a bullish phase since mid-February. Last week the US index rallied with a wide range and closed at the high of the week, in addition managed to close above the previous week high, which suggests a strong bullish momentum. The stochastic is showing a overbought market although is still displaying a strong bullish momentum. Expecting an upward move to a Fibonacci expansion at 7,656.59 on a break above the previous week high at 7,144.25 (scenario 1) however a break below the Fibonacci expansion at 7,086.23 may trigger some profit taking again, but this time down to the higher zone of weekly support at 6,669.25 (scenario 2).