In my previous post, I showed an NQ target price of 21,712.25 based on the Fib Extensions from the overall move in the market on higher time frames. However, using Fib Extensions from the more recent move (lower time frames), I have come up with two alternate reversal points for NQ.
These alternate levels are 21,540.25 which price came into EOD, and 21,650.50 which would be considered our next target above.
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