Okay so the nasdaq has recently had many bearish signals flashing & went down over 10% over the past week or two, but you need to pay attention to the monthly chart before making any decisions on longing or shorting, because we could be headed into another 90's/2000's type tech bubble situation where if it breaks this one key level it will have major technical damage on the entire index, so ever since it's inception it has only touched this upsloping curve line 4 times: 1987 & 1990 for establishing the trend, then confirming it in 2008, and finally the 4th time was in 2020, but with the recent bearishness in the market it could touch it again, but this time it has a real risk of breaking it, going below 10k would put us dangerously close to the line and below the middle 9000's could break the trend, so we need to watch the trend to see where this could be headed