Nasdaq 100 Apr 25 to Apr 29 Outlook

By News Robot

Lawrence’s Comment

Recap
NQ Y+1 resistance gave us the drop to Y-0 as expected and that in turn unlocked the open gap and led to free fall back down to Y-1. NQ found support at 100% absolute range expansion and bouned. Closed the week below Y-0 and midpoint.

Outlook
Y-0 / B-0 very strong resistance until proven otherwise. A break of Y-1 / B-1 will give us B-2 easily.

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