Nasdaq 100 Aug 17 to Aug 21 Outlook

Recap
NQ bounced to above Y-0 and found resistance. Could not hold above Y-0 and gave us the expected drop to Y-1 for a test. Previous week close holding NQ down for a flush below Y-1. NQ spike reversal back up to Y-0. Closed the week below Y-0 and above midpoint.

Outlook
Potential FBO against Y-1 in place. As long as B-0 / Y-1 holds, NQ can zoom higher back up to above B+1.