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There was a lot of action during the US session. Asian sessions will give signals on where the market will be headed. My Technicals combined with fundamentals.
2
61.80% reversal on downward FIB. 161.80% fib extension drop projected from CPI news and may push the NASDAQ to the downside. There was a break and retest on a second attempt after a false break out to the downside before CPI News. This is an interesting psychological level.
5
38.20% reversal on downward FIB. 200% fib extension drop from CPI news will introduce momentum to NASDAQ and push towards the downside. CORRECTION is coming. RSI divergence on daily time frame.
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