Nasdaq 100 Mar 11 to Mar 15 Outlook

Recap
NQ is the weak one last week. It follows the NFP playbook as well but it just cannot get through the 2800 round number. Like Dow, NQ bottomed on Monday and zoomed higher to Y+2. Since then it just kind of stuck there all the way. Closed the week below Y+2 and near week high.

Outlook
Not the best formation for upside break out that just cleared the previous month high resistance. For bullish scenario, it is important that NQ stays above February high on weekly close basis. That will give it fire power to zoom higher to B+2 in coming monthly.

if NQ failed to hold above Feb high and breached B-0 / Y+1 on daily close basis, I will be a happy camper on the short side until it drops back down to at least B-2.

March break means low volume for 2 weeks.