Yesterday's lows mark the battle line for Bulls/Bears. The Nasdaq opened around its Tuesday low, but the gap down will probably suck things upwards until the momentum fades and the lows are revisited. TraderMike made a good point about Tuesday's relatively lackluster volume (for a capitulation). If the lows are breached it could get ugly:
This clock reached its time on October 19th 2017. This was a forecast for a "Major Market Top". Unfortunately, I can't find the link for the source material (but years ending in "7" was one of the red flags) but I thought it interesting enough to start this countdown clock 2 years ago.
f9229fcfd1b1390be00cfccc86c90349c93a4179bf4227457c