What a nice movement last week!!

Nasdaq recovered almost 500 points this week.. giving a nice double bottom on weekly.. I think this week will decide weather it will continue the down trend that it has started since the earnings, we can see that this friday bulls are failed but still in game.. I think a fall under 13400 will take us to 13100. However if bulls manages to hold above 13400 i can see it going towards 13670-13780..