The NQ daily time frame is in a down channel. The market hit the top of the channel and is now making lower lows and lower highs pushing towards the bottom of the channel. The market has a down Fibonacci with an extension price point 9595.25 about -6,966 ticks below the market. As long as the market stays below the down trend line. It will be a good idea to turn to the one hour time frame and to look for high prices in the sell zone.
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