Nasdaq 100 May 25 to May 29 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation week with very thin volume. 50% previous week range bounded the activities. Closed the week above Y+1 and midpoint.

Outlook
Tight range week points to breakout mode in play. B+3 and B-3 are the targets. B-3 aligned with the open gap below is a strong magnet. See comments on Dow regarding the market breadth readings.

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