Nasdaq 100 Apr 18 to Apr 22 Outlook

By News Robot

Lawrence’s Comment

Amazingly efficient NQ tested Y-0 first thing in the week and the selloff started. Target zone Y-2 was tagged quickly and the rest of the week was the classic option expiration week 15+ pts swings til the end of the week.

On daily level, NQ does not look “right” in terms of forming a bottom.
If NQ failed to take out B-0 early in the week, we will get another stair step selloff down to B-2.


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