Nasdaq 100 Jan 25 to Jan 29 Outlook

Recap
NQ test of downside target as expected and sparked a strong rally off the support. Follow thru actions pushed NQ back up above normal reversal target Y-0. Closed the week above Y-0 and near week high.

Outlook
4300 original zone which the dip buyers stepped in and many are forced out last 2 weeks over panic selling. Depending on how many of these dip buyers are left will either make it difficult to clear 4300 and led to consolidation actions back down to Y-0 / B-0 zone, or continuation up drift back to Y+1 / B+2 breakdown crime scene.