Recap Just like Dow, consolidation within the top half of the expected range. End of week pullback completed the gap fill below and bounced from there. Closed the week above midpoint.
Outlook Test of B+1 expected. Failed to rally higher from B+1 points to retest of Y+1 before end of the week.
Nasdaq 100 Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Just like Dow, consolidation within the top half of the expected range. End of week pullback completed the gap fill below and bounced from there. Closed the week above midpoint.
Outlook
Test of B+1 expected. Failed to rally higher from B+1 points to retest of Y+1 before end of the week.
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