Nasdaq 100 Sep 03 to Sep 07 Outlook

Recap
Spike and ledge continues. NQ stopped stone cold at the ledge top in first half of the week and then dropped to test the ledge bottom Y-1 and bounced. Closed the week at midpoint.

Outlook
Last week is also month end. Locking the close at midpoint of the week is very common. So no new clues for us this past week.

Spike and ledge pattern still in force and is actually stronger as the ledge has extended for a week.

A break of B-1 (spike and ledge breakdown) points to B-3 as 1st target.