Nasdaq 100 Jun 22 to Jun 26 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-1 support sent NQ back up to take care of the gaps above. Stop run sent NQ above Y+1. Closed the week above Y-0 and midpoint.

Outlook
Outside week with close below Y+1 is a strong attempt to break the weekly correction / consolidation without confirming the strength. A quick drop back down to B-0 / Y-0 is possible but not necessary. A breakout move above B+1 will send NQ up to 4600 / B+2.

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