Nasdaq 100 Aug 08 to Aug 12 Outlook

By News Robot

Lawrence’s Comment

Recap
1-2-3 sell from Y+1 gave us Y-0. Y-0 support sent NQ back up to Y+1 and breakout to Y+2. Closed the week near Y+2 and week high.

Outlook
Uptrend intact. B+1 resistance can drop NQ back down to B-0. Until B-0 turning into resistance bulls are still in control.

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