Current View of the NASDAQ

12 Kas 2015

It's pretty simplistic for me at this point. Retrace from an entire month's bull run starting in the last few days. Shorts on various tech stocks aimed at the confluence of the 38% retracement and rising trendline. Once we are at that level, PA will show us whether the 50% retracement or further will be relevant levels to look at.

Cheers :)