Nasdaq 100 Mar 16 to Mar 20 Outlook

By News Robot

Lawrence’s Comment

Recap
Started the week with bear flag and broken down to Y-2 quickly. That triggered waterfall effect to drop lower as there was no support nearby as explained last week. Y-3 / 4300 round number produced the first bounce but too weak to hold up. Closed the week near Y-3 and below midpoint.

Outlook
B-1 acting as support or FBO against it early in the week will give NQ an excuse to zoom higher to B-0.

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