Nasdaq/S&P indices move toward moving average support targets

Trendline support and the 38.2% retracement also in play for the NASDAQ
The Nasdaq index has moved down to retest its 50 hour moving average at 13322.35. Also in play is a upward sloping trendline on the hourly chart at 13296 and the rising 100 hour moving average at 13267.215. The 38.2% retracement is also employed 13276.03.