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Nasdaq 100 Jul 01 to Jul 05 Outlook
Lawrence’s Comment
NQ held the support I mentioned last week and from there started an impressive rally to clear the resistance zone one by one. NQ finally tagged Y-0 the upside target by the end of the week. Closed the week below Y-0 and above midpoint.
Outlook
Picture perfect retest of break down price. As long as the resistance is not breached, swing trend is now down. A retest of Jun low is in order.
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