If we look closely on the daily chart, the Nasdaq 100 index can be seen moving weaken and lower, even manages to break below the closest support level of 14428.6, so that in the next few days, #NDX has the potential to continue its decline and try to reach level 14254.6. But if on its way to the target level suddenly #NDX reverses and corrects upwards until it exceeds level 14774.8, then the decline scenario outlined previously has the potential to cancel itself.
(Disclaimer)