Nasdaq 100 Jul 22 to Jul 26 Outlook

Recap
More upside as expected with first 40 points pullback in place too. The distribution signs mentioned last week played out well as Google earning disappointment is obviously something expected. Closed the week below midpoint and above Y-0.

Outlook
NQ has a confirmed break of the uptrend. B-0 should act as resistance for NQ to go lower to fill the gap below B-2. This is not the start of a major selloff, yet.