Comparative Price Action - Potential for Upcoming Market Move

Hey gang... Here are some charts showing comparative price action for the daily Nasdaq Composite. This gives us an outlook for the next couple of weeks should the pace of the market action on the daily time frame repeat the intraday pace. It is something to keep an eye on! The downside on the daily NQ was obviously more substantial than the intraday action in the first example, so I would not expect as strong of a reversal off lows as seen in the bottom chart, but the overall template remains in play. The final chart here shows an example of a cont. on the downside with similar price development.



Another similar development:



Similar development which led to a break lower as opposed to seeing the support hold:



Close-up of the support failure:



Another variation without the pullback from this point lasting more than what would be a day or two: