The Nasdaq 100,made up of the premier technology stocks in the U.S,has topped on the chart, and is leading the market break,back to the downside, as buy the dip bulls, are clearly being overwhelmed by large block selling from institutions looking simply to exit positions in these stocks that have lead the bull market before the end of the year.
This is an important move back down in NDX. If the October 2018 low hold at 6713, Also a Long Stop Point then potentially an important bottom might be set up. But its way to early to tell.
Continue SHORT, as TREND is CLEARLY DOWN in the Nasdaq 100.