Breakout Turns to Breakdown!

Thank you for taking the time to read my idea, your support is appreciated.

Smash and grab trades are not for the faint hearted.
Going long on a signal proved risky.

The Nasdaq is the bellwether of things to come now.
Finally, today saw a shift in mood for the big boys.
We need follow through for this down move today...it will come.

There is now an extreme setup for a plunge.
Although today was a warning to the bulls.
Any close below the red trend line is a clear signal to exit their positions.

A herd has built up in the Nasdaq and led the markets ever higher.
Will this herd turn to a stampede for the door?