Nasdaq 100 Jul 30 to Aug 03 Outlook

By News Robot

Lawrence’s Comment

Recap
Gap down to Y-1 right off the start of the week. Failed to fill the gap above on first try and flushed to below Y-1. Then everything reversed as euro led the way. Closed the week near week high and filled the gap above completely.

Outlook
More upside is expected. Summer Games will reduce the liquidity and in a situation like this, it favours the bulls.

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