Nasdaq 100 Nov 17 to Nov 21 Outlook

By News Robot

Lawrence’s Comment

Recap
Test of Y+1 was expected but we did not get any confirmed rejection at all. Breakout above Y+1 gave us the normal breakout target of Y+3. NQ tried to get there. It was close but not quite. Closed the week above Y+2 and near week high.

Outlook
Y+3 / B+1 resistance will lead to a pullback to B-0 and a test of Y+1 from above.

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