Nasdaq 100 Jul 11 to Jul 15 Outlook

Recap
Sharp pullback in the beginning of the week fulfilled the minimal pullback expectation. Pre-Brexit weekly close support sent NQ straight up. 50% absolute range expansion reached. Closed the week above Y+1 and near week high.

Outlook
B-0 / Y+1 now support until proven otherwise. Not a stable trend so far as it is mainly driven by short squeeze. How things unfold above B+1 / B+2 zone will tell us if this rally has legs.