It sure feels like it's time to grab a seat in this game of musical chairs. The NASDAQ has made three bearish candles in a row over the last three days -- two doji/hanging men followed by a bearish engulfing that took us to the lows of the week. It now sits just above that 2100 - 2110 support level. I'm expecting a serious battle in that range. I'd still like to see the NASDAQ drop back to its middle Bollinger Band (20 DMA), which sits around 2064 right now.
I'll put my money on the Nazz churning until the middle-BB catches up. Should make for some more choppy action.