Nasdaq 100 Jun 20 to Jun 24 Outlook

Recap
The bounce to Y-0 scenario unfolded exactly as described last week. The wait and see part at Y-0 turns into the bearish setup of trading below Y-1, pointing to a move towards Y-2. Tagged Y-2 and bounced off.

Outlook
Breaking above B-0 means a quick rally towards B+1.

Unlike Dow, Nasdaq has not broken its down trend formation yet.