ET-Invest

Nasdaq short term correction

Short
ET-Invest Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
I believe the Nasdaq is about to push the last wave upwards before we will see a correction in order to keep going higher. We still have 2% more to go upwards, until we hit fib lvl 1.618. I have highlighted the two options, where I believe a reverse will most likely occur. This is at 13685 or 13450, where there is a Fibonacci support and trend line support created from the bottom of the prior correction. I will update my post, as we get nearer to a climax.

Have a great day.
Comment:
We have now hit one of the two targets that I mentioned was possible to act as a U-turn and support level. Next target is 14400 by looking at fibo levels

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