Nasdaq 100 Aug 10 to Aug 14 Outlook

Recap
Y-0 support sent NQ up above Y+1 but it fails to hold above that which led to sell off back down to Y-0 and below. Y-0 was cleared quickly leading to Y-1 test. Y-1 was breached. Closed the week below Y-0 and midpoint.

Outlook
Outside week with down close still within the range is bearish but not weak enough to give us clean signal for a breakdown play. NQ may need to bounce back up to Y-0 / B-0 zone for a retest before going lower.