Nasdaq 100 Sep 23 to Sep 27 Outlook

By News Robot

Lawrence’s Comment

Recap
FBO from the start of the week against Y+1 gave us a flush back down to below Y-0. At 100% absolute range expansion NQ found support and zoomed back up to Y+1. Fed announcement gave it a boost to Y+3 and consolidated there since. Closed the week above midpoint and Y+2.

Outlook
The pocket from Y+1 up to above Y+2 will have to be taken care of. As long as NQ fails to clear B+1, it will fill the void zone.

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