Nasdaq 100 Apr 23 to Apr 27 Outlook

Recap
Quick slide down to Y-2 and took off back to above Y+0, just like what I described last week. Pullback / consolidation since. Closed the week below Y-1 and midpoint.

Outlook
The w. spring early in the week was expected and played out well. The fight at the 2-week resistance line (down trendline) during the rest of the week was very brutal. No clear winner from the battle yet.

A run to break above B-0 will start a quick run to B+1, Y+1, and B+2.

A break of B-1 will start a flush to B-2.

So moves in between B-1 to B-0 will be a waste of time for swing traders.