look at the above chart of QLD – nasdaq 100 Double . both the 55 days SMA just crossed the 208 days SMA from above and also the 10 days EMA crossed the 22 Days SMA from above (rather bounce).
My expectations is that market is going to fall further.
NASDAQ is just above the critical 7000 level we have had triple top
NQ has a a shorting opportunity at 6800 level