NQ potential 212Up/212Down/Outside Bar
I love the simplicity of NQ price action, we holding the monthly trigger but below the Price story .50 and 6m .618.
It is very clear that NQ will come down to test that 6M .50
How to play?
- Price retest of $12497.00 is expected this week.
- My Price target prediction is $12112.75
- Unless price gets above this price story .50 I wouldn't expect a bullish week. We closed below it last week.
- The most important thing to focus on this week is Daily candle body close on Monday.