NQ potential 22 Continuation Up or 22 Reversal Down
NQ is above the 6M .618 and has entered a new price story.
How to play?
- Price is at the top of the price story box, a retest of $12525.25 is expected this week.
- My Price target prediction is $12525.25, $12382.75 and a potential wick to $12283.00
- Price holds prices story .618/.50 on retrace we will continue up. Also a solid daily candle body close above $12283.00 or any level above confirms Continuation up to $12945.25
- A candle body close below $12283.00 sends price heading to the bottom of price story box however there are BF and levels to watch for like the .50 of the 6M $12112.75
- The most important thing to focus on this week is Daily candle body closes.
