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.
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.