Nasdaq 100 Dec 05 to Dec 09 Outlook

Recap
NQ gapped above Y-0 and that turned into support. It does not matter whether it traded back above Y-0 or gapped above. In fact, the gapping above B-0 setup created a situation that once the 2nd gap up started, NQ has no choice but to tag Y+3 first. After 3rd push into 200% absolute range expansion, NQ snapped back down. Closed the week below Y+3.

Outlook
3 pushes up points to a retest of the gap top below which is approx B-0 area. The reaction at that zone will tell us whether the intervention has any effect beyond a week.