Nasdaq 100 Jan 04 to Jan 08 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 support sent NQ up to Y+2 and above. 4700 round number resistance sent NQ back down. Closed the week below Y+1 and midpoint.

Outlook
Upchannel / Bear flag on 30-min and higher timeframe. Breaking channel support points to Y-2 / B-3 in play. Channel support holds we get a 3rd push back up above B+1.

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