The NQ daily time is in a down channel. The market is just above a down Fibonacci extension price point 12282.50. Once or if the down Fibonacci extension is hit. The market could either A) push bullish back towards resistance price point 14045.50 about +6,517 ticks above the market or B) break support and continue to sell off.
It will be a good idea to wait for the market to hit the down Fibonacci extension price point 12282.50 and then let the market give the direction by either entering into the buy zone or the sell zone. Once we have the zone, we can create the next entry plan.