NAS100 currently retesting the lows and BTD is not working for now. Bounce buyers gave many large holders a chance to dump their positions and now the shorts are piling on. Not much to do but wait for a decent level to watch for a reversal. Here is my level to watch for a relief bounce. Look for some buying to return at the 382 and completion of the compound correction. Will likely need the 10year yield to pull back a bit before the market calms down. Luckily the 10 year yield (TNX) is coming into fib resistance. See previous charts below.
