Nasdaq 100 Sep 24 to Sep 28 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidated around Y+1. It is expected since NQ just finished another squeeze up. Closed the week below Y+1 and near midpoint.

Outlook
As long as B-1 downto Y-0 acting as support, another push higher to B+2 is expected.

The consolidation is a sign that there are renew buying absorbing the distribution process.

I still see a major top in the making.

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