Nasdaq 100 Mar 10 to Mar 14 Outlook

Recap
Non-diretional swings caught both bulls and bears by surprise. NQ started the week almost tagging Y-2 and then gapped higher to clean out the stops. Yet by end of week NQ collapsed back down to week mid. Closed the week above Y-0 and midpoint.

Outlook
Outside week with close near the midpoints is indecision. NQ is not as bullish as S&P or Dow. It is hitting a brick wall above yet the late bulls are piling on at every mild pullback. This implies a bigger shake out on weekly is in the making. As long as Y+1 is acting as resistance I see more wild actions to the downside but not necessary breaking Y-1 by much.