Nasdaq 100 Mar 25 to Mar 29 Outlook

Recap
Gapped down to almost Y-3 to start the week. Then buying just show up and zoomed NQ back up to Y-0. 3 pushes up and failed to go above Y-0 led to another flush down. This time NQ tagged Y-3 an filled the gap below. Another wave of buying showed up and zoomed NQ back to almost Y+1. Pure mess of 40+ points swings 2 more times. Closed the week above midpoint and near Y-0.

Outlook
Breakout downside happened and tagged the target, so not bad for a swing trade. Holding Y-3 was also expected due to the bullish bias on higher timeframe. What I did not expect was 40+ points swings for so many times. Something is changing in the price movement characteristics here.

This week looking for Y+1 to be tagged as the downside is decidedly rejected 3 times. Closing above Y-1 and midpoint is the other clue pointing to bullish bias this week. Will not be surprise that NQ zoom straight up to Y+2 and consolidate above B+1.