A new swing low can be observed, I am looking for another extension down as investors get nervous.
 
We have already seen 10%, Its possible this is a counter trend position and simply a pull back, but I am willing to test the hypothesis, with a little trade, and add to the position if it continues to fall.
 
Of course I haven't entered yet I have put an estimated point of entry, but im looking for candles or a pattern to give me a clearer signal before i enter.

(NASDAQ) NAS100 1H

Dec 01 2020

Stop Loss -1.78%

Holding time 8hr

11223.00

Entry price

11422.60

Stop loss price