Nasdaq 100 May 02 to May 06 Outlook

Recap
NQ failing to clear the open gap above earlier in the week confirmed NQ being the weakest among the indices. Downside target of Y-2 and Y-3 tagged in stair step drop fashion. Closed the week below Y-2 and midpoint.

Outlook
More downside likely with complex pullback in between. Y-2 / B-0 test is normal but not necessary.