Nasdaq 100 Mar 26 to Mar 30 Outlook

By News Robot

Lawrence’s Comment

Recap
Unlike Dow, no strong pullback registered. As expected, NQ is the strongest of the 3 indices hence it consolidated around Y+1 area. Closed the week near week mid and Y+1.

Outlook
If there is no catalyst forcing NQ to drop suddenly and quickly, year high retest (B+1) is likely.

Failing to go higher after that will allow a bigger pullback to happen on weekly.

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