On the other end, We have seen twice testing of the descending trend line structure and has finally broken down yesterday back into the structure itself. It might of course be a false break before price go up again. However, with the rounding top than a typical sharp retracement, it gives a profile of consolidation zone before going to the real trend (short)
For those yet to have short on a higher region, we should be able to see NAS100 testing 15400 or even to 15500 level again before pushing down to lower low. The retracement will allow larger money flow to offload their longs while adding more shorts.