NQ daily time frame holding at down trend line
The NQ daily time frame is in a down trend. The
market is making lower lows and lower highs. The
market just hit an up sub Fibonacci extension price
12999.50. It is expected the market will have a
bearish reaction after hitting this Fibonacci
extension. If the market can break and close below
the short term up trend line. It will be a good
idea to turn to the one hour time frame to look
for selling ideas in the sell zone towards the
daily down Fibonacci price point 9480.75
market is making lower lows and lower highs. The
market just hit an up sub Fibonacci extension price
12999.50. It is expected the market will have a
bearish reaction after hitting this Fibonacci
extension. If the market can break and close below
the short term up trend line. It will be a good
idea to turn to the one hour time frame to look
for selling ideas in the sell zone towards the
daily down Fibonacci price point 9480.75
