Nasdaq 100 Jul 13 to Jul 17 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 resistance sent NQ down to near Y-2 target mentioned last week. Worked out well but then rumors and news shock dominated the rest of the week. Closed the week near Y-0 and above midpoint.

Outlook
See comments on Dow.

Step step sell off on daily in the making. As long as Y+1 / B+1 zone acting as resistance, the next take down will drop NQ down to B-3.

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