Nasdaq 100 Aug 13 to Aug 17 Outlook

By News Robot

Lawrence’s Comment

Recap
Went higher as expected. Tagged minimal upside target of Y+2 and then just stuck there. Closed the week near week high.

Outlook
If no news shock this weekend, NQ should go higher to finish the move to the upside with Y+3 as the primary target.

Later in the week if B+1 failed to act as support, a significant reversal back down to B-2 is expected.

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