Nasdaq 100 Apr 13 to Apr 17 Outlook

Recap
Gap down with Y-1 support sent NQ back up to Y-0. Since then slow up drift destroyed the shorts in slow motion all week. Breakout above Y+1 sent NQ back up to the crime scene where the original break down started 3 weeks ago. Closed the week above Y+1 and near week high.

Outlook
The way NQ rallied is not sustainable hence a quick pullback is in store. If NQ cannot clear Y+2 early in the week, a drop to at least Y+1 is likely.