NAS appears to have completed that indication and created new low (16980). The correction is now playing out and it came all the way back to that area of consolidation (17650 - 17850).
A drop and close below 17470 area, will give possible indication for sells, back down to 17030 area.
A drop and close below 17470 area, will give possible indication for sells, back down to 17030 area.