NASDAQ Shake out view point

NASDAQ could be getting ready for a shake out but there is a lot of support down there and euphoria going on. I can imagine that the support will hold if tested on the first try.

* large break down candle at a multi-year support turned multi-year resistance.

* break of what looks to be a bear flag

Probability is down with a sling shot up to a lower high. We will see when it comes to that point if it arrives.

https://www.tradingview.com/x/CNu2DtP9/