We're at a new high, considering Apple just opened all the stores across the states to operate today, not to mention other countries as well. We will see a bullish market more than likely during the US session. However, we're floating above our bottom trendline.
Perhaps we get our tranquillizer darts ready to shoot the bears down into hibernation mode so we can show them what a bull-run really looks like.
We don't need to be scared about this coming down to our 9300-Pips position. If we do see a short, it probably won't be worth looking at unless you're desperate to just enter the market. I don't recommend you do this.
However, if we see it break 9118, this is a solid confirmation we're heading down to about 8900 range. This could be anywhere from 2000-5000 pips.
I would personally wait for it to retrace, then take advantage of a LONG setup, never hold a short on NAS longer than 16 hours.
Right now, I do see NAS moving up throughout the week, hopefully breaking 9400 by Friday.