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Lawrence's Comment
Recap
FBO in the beginning of the week triggered the bearish scenario. Pullback to Y-0 as mentioned last week. Closed the week near week mid.
Outlook
Overall weekly uptrend intact. ...
Nasdaq 100 Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Consolidation at 50% previous week range. Y+1 resistance with Y-0 support all week. Closed the week above Y-0 and below midpoint.
Outlook
Breaking below Y-0 / B-1 points to a drop to B-2 and below. B-3 will also be in play when B-1 turning into resistance.
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