Nasdaq 100 Jan 13 to Jan 17 Outlook

Recap
Flushed to almost Y-2 target at the start of the week. Used up the bias right from the start often points to a reversal. Once NQ pushed above Y-1 buying stepped in to hold it above previous week close. Found resistance at 100% absolute range expansion. Closed the week near Y-0 and above midpoint.

Outlook
As long as B-0 down to Y-1 acting as support, B+1 will be tested. Y+1 is also likely.