Nasdaq 100 Nov 11 to Nov 15 Outlook

Recap
Consolidation play initially with both Y-1 and Y+1 tested. Breakout play was clean and gave us Y-3 in 1 go. then the weekly range was over extended (as I mentioned during real-time chat) thus no more fuel to go lower. A bounce was induced. Closed the week above Y-1 and near midpoint.

Outlook
This is one of the many markets that closed around its midpoint this week. That is a sign of indecision.

The strong bounce suggests NQ can go higher to Y-0. The wide range week also tells us that an inside / consolidation week likely with boundary capped between Y-0 and Y-2.