Even if Nasdaq have a bounce rally up to 15500 strong resistance where it will be rejected & may still break below the uptrend line which is also along the dma200 line. That abc correction may retrace 61.8% of the FIBO levels from low of 12208 to peak of 16767.50 (near a GANN Fanline)... falling to approximately around 14000. That will be a 10% correction from 15500. 14000 also falls along a GANN Fan line. Not financial advice.