Nasdaq 100 Nov 09 to Nov 13 Outlook

By News Robot

Lawrence’s Comment

Recap
Similar to Dow, NQ found support at Y-0 and started another leg higher until Y+2 was tagged. Following the exact same pattern as Dow, NQ pullback to Y+1 to wait for NFP. Closed the week above Y+1 and midpoint.

Outlook
Test of B+1 fails will lead to a drop back down to B-1 and in turn breaking B-2 will also be likely.

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