The last 2 times the Nasdaq fell below 15,000 it exploded higher in just days.
So that's one thing we watch out for.
Break over resistance would be a bullish sign for that.
If market continues to be weak. Then it will create a lower trading range and there will still be bounces
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What we know about the market.
Short term.
The Nasdaq is the most important indicator.
It's down to support again just below 15,000. Last 2 times it was at this level it exploded back.
We also know that just below 15,200 is resistance because that's where last 2 bounces failed.
