Nasdaq 100 Jan 09 to Jan 13 Outlook

By News Robot

Lawrence’s Comment

Recap
Unlike Dow, NQ gave a strong performance last week and completed its upside break out target at Y+4 based on monthly. Closed the week near the high.

Outlook
A pullback is due. Topping between B+1 to Y+5 will give us the potential downside target of B-0.

Decision will have to be made at B-0, depending on reaction at that price level.

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