Nasdaq 100 Sep 05 to Sep 09 Outlook

By News Robot

Lawrence’s Comment

Recap
Bearish pattern played out with Y-1 tagged. Violent reactions to Y-1 zone led to complete reversal making new high for the week. Closed the week near Y-0 and above midpoint.

Outlook
B-0 / Y-0 potential platform for slingshot move to clear Y+1 / B+2. Yet once B-0 is breached there is not much support until B-2 and below.

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