$NDX $QQQ has reached the 61.8 Fib Retracement of the Correction

8월 16일

NDX QQQ have reached the 61.8 Fib Retracement of the Correction with a RTH gap just above. A rejection of price below the gap should indicate another leg down and potentially new lows ahead. Continuation of the correction bounce can only be assumed with a close above the gap.