Nasdaq 100 Mar 19 to Mar 23 Outlook

Recap
NQ Y+1 did not act as resistance, and rallied 50% of previous week range and paused. After the Fed + JPM shock, NQ is propelled to Y+3 and completed the 100% upside range expansion target. Closed near the week high and Y+3.

Outlook
Consolidation to higher. Not all shorts have accepted defeat and not all shorts are monitoring the market in real-time. That will be potential fuel for NQ to run to the monthly target of 2750 if we do not get a significant pullback this week.

Only if B-0 is breached would a stronger pullback be possible.