Nasdaq 100 Jul 04 to Jul 08 Outlook

Recap
More downside as expected. Y-2 support sent NQ straight back upto Y-0. Y-0 breakout gave us a squeeze to fill the gap above. Closed the week above Y-0 and near week high.

Outlook
Y+1 / open gap above upside target also important resistance on first touch basis. A sudden sharp drop is expected.