Nasdaq 100 Sep 05 to Sep 09 Outlook

Recap
Behaved similar to Dow in drifting higher with clear extra strength coming from short squeeze has taken NQ above Y+2. Tried hard to stay about the inside week breakout range for couple of days but eventually failed and closed the week around the close of the week prior to last week.

Outlook
The breakout to the upside has failed but the uptrend is not completely broken yet.

Only if NQ breaking below B-1 and that B-1 upto Y+1 turning into a resistance zone would we get more severe selloff.

If NQ bottoms out here at B-1, we get B-0 as a minimum.