Nasdaq 100 Feb 29 to Mar 04 Outlook

By News Robot

Lawrence’s Comment

Recap
FBO against B+1 gave us a drop back down to close the gap and then equal distance from previous week close. Huge squeeze gave us a new high for the week. Closed the week above Y+1 and midpoint.

Outlook
NQ did not tag Y+2 points to lack of stregnth. If NQ cannot clear B+1 this week we are looking at potential breakdown back to Y-1 and below.

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