/NQ bearish targets still possible, key levels 12061 and 12193

Hope you all had a great weekend, quick briefing before open tomorrow. Key levels to watch are the 38.2 retracement and 23.6 retracement from the highs earlier in the month. We are looking for either a move down from here to setup wave 3, or a continued push through these levels to confirm a 1-2 structure is in place. If these levels are broken through, the bear count will be deemed invalidated, and thus we will have to look into potential bullish scenarios setting up. As always, I will have daily updates on my page as things progress. Thanks for the support, best of luck this week! Copyright Rohan Karunaratne 2020