Nasdaq 100 Apr 01 to Apr 05 Outlook

Recap
Upside target tagged right at the start of the week. Turned into FBO and dropped back down to Y-0. Found support there and eventually rallied back up to clear Y+1. Closed the week above Y+1 and midpoint.

Outlook
Rising wedge in the making. Can also be breakout of the current year high resistance zone. Difficult read. The easy play would be a strong reversal sending NQ back below Y+1 quickly. That will start a quick move back down to B-0.

From there, if NQ cannot hold the support up trendline from the swing lows formed last week a sell off down to B-2 is expected.