The five wave down structure off the high made last Friday looks having completed:
As long as bulls hold NQ over 10,890.75, the late September low they have a setup for an a-b-c up corrective bounce targeting 11,120 – 11,220.
Upon completion of that a-b-c up corrective bounce in subwave -b- up we can get a very strong decline in subwave -c- down targeting 10,000.