Nasdaq 100 Dec 09 to Dec 13 Outlook

Recap
I am correct that NQ has a consolidation week – choppy move back down to Y-0 pretty much sums up the story. NFP report caused an upside breakout of the consolidation range. Closed the week above Y+1 and midpoint.

Outlook
As mentioned last week, on swing basis NQ has not shown weaknesses yet. And here we are, another new year high printed.

The void zone created between Y-1 upto B-1 will be revisited when longer term pullback / correction is due.

For now, as long as NQ can hold above B-0, more upside in store.

If B-0 is breached decisively, B-2 in play.