Looking at the indicator, seeing the possibility of a bull trap due to heavy shorting pressure by retail. Might see them moving the price up going accordingly to the FED's agenda to keep their interest hike and not make it "hawkishier".
Used fibo to see the big picture, various confirmation on 0.5, .618 and 0.272. I verified with the ema as well, on the one hour candle.
GLOBALPRIME:NAS100