Nasdaq 100 Jan 21 to Jan 25 Outlook

Recap
As mentioned last time, NQ was the weakest of the 3 major indices and that ES and Dow may drag it all the way up. That’s exactly what happened last week. The breakout run in ES and Dow was only able to pull NQ slightly above the year high print and then it stalled. Closed the week above midpoint and below Y+1.

Outlook
A DT variation in place. As long as the former year high acts as resistance, looking for Y-1 and likely lower to print.

If B+1 acts as resistance, also looking for B-1 to print.

Only if B+1 is cleared, that we have good potential to tag B+2.