Nasdaq 100 Nov 02 to Nov 06 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation as expected with a very thin up channel in place all week. Spike breaks of the channel all failed throughout the week. Closed the week near Y+1 and midpoint.

Outlook
Tight range channels do not last. The usual break of an up channel like this is a pullback top B-1 and below.

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