Nasdaq 100 Jun 01 to Jun 05 Outlook

Recap
NQ dropped initially as expected but it failed to tag Y-2 and a forced FBO led to a quick run above Y+1. Yet, NQ could not stay above Y+1 and dropped back down to Y-0 and week mid eventually. Closed the week near Y-0 and midpoint.

Outlook
Outside week close near the two midpoints implies indecision. Breaking below B-0 will force a test of at least Y-1. But that is not necessary very bearish because B-1 can turn into support right below.