Problem with this market is that nasdaq is still a mile away from the last breakout point (Dec 18-19 high's). There is just air there. AMZN holding it all up and from clearing lower. (Also note the lower channel line connecting Oct 25/Dec 6/Dec 29.)
apparently there's a long setup here at 2720 I've had enough today though plus I don't know WHY this is a long so won't post the trade lol
I wouldn't even think about going long on this thing until 2650 or so - and even then don't try and call a bottom here unless you like lighting money on fire 10 times just to be right 1 time.
Starting to lighten up on shorts at 2700. Has to have some sort of meaningful retrace before continuing to 2670.