Nasdaq Composite Index (2261)

Looks like an intermediate term corrective phase in a modest longer term uptrend to me. Using this logic, I would look for the 2100 to 2200 area sometime in the coming four to six weeks.

My long term bias remains neutral only because my unique math models continue to call for caution beyond the intermediate term. So far, the reason for gradual long term momentum deterioration is not manifest in the share price trend.