NASDAQ SELLING BEHAVIOR
I do not say I know it all but Fibonacci retracement from red zone 38.2% to Fibonacci extension 161.8% fulfills move especially the NASDAQ Index. You can also appreciate the 2008 crash on DOW JONES & NASDAQ which was already dropping without much alarm as the crash was. So, after some struggling for about a year ('consolidating') the next crash may be near.
Nasdaq up