Nasdaq has just been unstoppable lately, as i described in my sp500' analysis. That wedge
from the previous analysis, was text book, even better than text book. This shows that how great TA can be sometimes, it can also be completely meaningless. It's part of the game, something we need to accept. All of this is just about exhausting bears until they give up. It will drop
when bears give up, because without those bears shorting, there is simply no fuel left to push it higher. So normally we should see a sharp decline coming days. If we see a slow drop
like the blue line, i would be careful with short positions. If we do see a good drop
tomorrow, than we could see some real follow through for the first time since Dec.