Nasdaq 100 Jul 07 to Jul 11 Outlook

By News Robot

Lawrence’s Comment

Recap
NQ started the week trading above Y+1 opening the door to Y+2 and Y+3 for 100% range expansion. Y+3 tagged with NQ going sideway a bit. End of week push took it all the way to Y+4. Closed the week above Y+3 and near week high.

Outlook
Wide range trend week. Consolidation around B+1 likely. Even at 50% range means many day trading opportunities ahead.

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