Nasdaq 100 Nov 12 to Nov 16 Outlook

Recap
As mentioned last week, double whiplash with breakout to the downside. Tagged downside target of Y-3. Closed the week near week low and above Y-3.

Outlook
Just got a very good week with huge range expansion implies this week will be very difficult to trade intraday because the intraday swings will be larger than usual.

NQ has multiple gaps below and above at this point making it very difficult to project its direction. My take is that as long as B-1 is acting as support, due to option expiration, it can drift back up to Y-2 as a minimum. Clearing that will give us B-0 quickly.