NQ - Monthly time frame_New Bullish Fibonacci +28,505 Tick TargeE-mini Nasdaq-100 FuturesCME_MINI:NQ1!JoshuaMartinezThe NQ monthly time frame is in an uptrend. The market is making higher highs and higher lows. The market has a new up Fibonacci with an extension price point 32541.25 about +28,505 ticks above the market. As long as the market does not take out the Fibonacci one boundary price point 16460.00 it is expected the market to push towards the Fibonacci extension. This is a long term idea. The market may have a short term bear retracement that may present itself as a bearish trend on the smaller time frame, however, we will expect any bearish trends to be short term. The goal is to turn to the smaller time frame of choice, look for low prices in the buy zone, and look for long ideas with smaller risk than the monthly time frame.