NQ daily time frame holding at down trend line

The NQ daily time frame is in a down trend. The
market is making lower lows and lower highs. The
market just hit an up sub Fibonacci extension price
12999.50. It is expected the market will have a
bearish reaction after hitting this Fibonacci
extension. If the market can break and close below
the short term up trend line. It will be a good
idea to turn to the one hour time frame to look
for selling ideas in the sell zone towards the
daily down Fibonacci price point 9480.75