Nasdaq 100 Oct 03 to Oct 07 Outlook

Recap
Not only did Nasdaq rally backup, it gapped thru the open gap established the week before and then sold off to fill that from above. Later in the week, NQ simply breakdown and made a new low by close of Friday.

Outlook
The interesting thing with NQ is that it is still trading within the range 2100 to 2350. Breaking below 2100 and that turning into resistance can cause a quick flush down to B-3.

Short of that, it is more likely NQ will bounce off 2100 area.