Nasdaq 100 Jan 07 to Jan 11 Outlook

Recap
NQ was the strongest going into the week and its strength helped staging a double bottom right from the beginning of the week to break above Y+1 for gap fill above near Y+2. Then of course the post holiday news shock giving NQ a gap through the Y+2 target, skipping all the steps, and landed Y+3 at post holiday open. Consolidated around Y+3 since. Closed the week below Y+3.

Outlook
The strongest one leading the market to form a bottom last week became the weakest one comparing to the other 2 indices. NQ failed to hold the Y+3 level by close points to at least a drop to Y+2 early coming week. That is in direct conflict with the strength in ES or Dow.

Will likely be 2 way market until either Y+2 or B+1 is tagged.