Touched the low again. Folks we now have touchdown and a base. The next 40 minutes wil be very interesting and feature both short covering and folks getting long hurriedly.
Decision point here I'd say, today set up a potential bear trap on NQ if they push it higher tomorrow or in low-volume holiday trade. If I had to bet I'd say this correction has run its course and we're setting up for a rally into EOY.
How about a bounce from 2630's and creating an ascending triangle 3030 long term objective Call me crazy but unless we take out the low this will turn into a higher low