Nasdaq 100 Aug 29 to Sep 02 Outlook

Recap
Flushed in afterhours and Y-1 turned into support by the time market opens in regular hours. NQ bottomed out from there and rallied to close the week near its high of the range.

Outlook
Inside week after 2 huge range weeks is not unexpected. The difficult question is where do we go from here.

Within 50 points above B+1 there are so many resistance price levels it is difficult to ride the long side.

Next week is also the week before a long weekend and last week of summer holiday for schools. Expect lower volume and potentially 2nd week of inside week.