Technicals indicate a drop has to be implemented before we'll see NAS reaching for the sky.
A beautiful rejection off the 61.8% was seen and I believe we'll see a further rejection off the 38.2% sparking the bearish engulfing - I see price rallying down to 15400, where I will be looking for buys.
I'm trading what I see and what I feel on this move - let's see how she plays out.