NQ Potential 22Continuation or 322
Price completed the 3-2Bullish reversal last week and is currently holding the 6M .618 level
Price is currently Over the 6month .50% level and closed above the .618.
How to play?
- Last week for the monthly candle, so you already know how price will act this week.
- To keep it simply this week your plan is to watch for the retest of weekly .50 $12803.75 and .618 $12738 if price fails to hold those levels then back down it will go. However if the retest of those levels hold, then the top of the Price Story box will hit once again as well as the top of the monthly BF.
- Price Targets for the week.
- Weekly .50 $12303.75
- Weekly .618 $12436.50
- A bounce off these levels will target upside $12987.00 $13068.50 $1368.75
- Failure of those retest levels, send price back to the price story .618/.50
A new Price story will be released once we get a weekly candle body close in a new story area.
