Nasdaq 100 Oct 22 to Oct 26 Outlook

By News Robot

Lawrence’s Comment

Recap
Right out of the gate. NQ tested Y-1 and rallied all the way back up to the resistance zone mentioned last week. Easy ride. Then it failed perfectly right there giving us a selloff all the way to Y-2, the downside target. Closed the week near Y-2 and week low.

Outlook
Wish all weeks are like this.

Expect wild sideway swings with bearish bias towards tagging B-2.

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