5 wave advance was over- everything was overheated- needs to cool off to make further space for downward trend( probability)
Had projected the same on Saturday- expected to go upto 15900, but if it crosses the gap at that level -expect it to go near 16900.
+Nasdaq has to bounce back after such a prolonged downside -before it plunges further ( probabiity ), that is helping our IT also to make a temporary recovery.