Nasdaq 100 Sep 02 to Sep 06 Outlook

Recap
The week started out as expected with a pop going higher to take care of the gap above and tested the resistance in 1 go. Then NQ total collapse brought it back down to where it started in the beginning of the week. The surprise element was that NQ instead of selling back down to Y-0, it simply gap through it. That triggered the all out selloff setup down to Y-1. We got Y-1 quickly and then NQ bounced off. Test of week mid failed leading to another selloff down to Y-1. Closed the week above Y-1 and below midpoint.

Outlook
Roller coaster ride leaving unfinished businesses everywhere. Pockets, open gaps and wide range bars everywhere. That means this week we will have a very hard time to get decent move in either direction during the day. The major swings will likely be done during after hours when the US stock markets are closed.

Monday is a US holiday. That can be the start of a messy ride this week.

Chart pattern only, once B-1 is breached, looking for B-2.

Will not be interested in long side until B-0 is acting as support.