Nasdaq 100 May 09 to May 13 Outlook

By News Robot

Lawrence’s Comment

Recap
Pullback to near Y-0 as expected. Going sideway consolidation around previous week close in 50% range. Closed the week above Y-1 and near midpoint.

Outlook
Consolidation after wide range trend selling usually leads to continuation. Until NQ can clear B+1 daily down trend is intact.

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