The Nasdaq is already down 12% and is testing the September highs. Nothing goes straight down.
This is a support / resistance area that is currently being tested.
Watch for the right price action on the stocks you like. Some of the big movers have corrected 50% .
I like to watch for places to make a bounce. Ballard is a good example with horizontal support at $21 and uptrend support there. If your wrong, you can set your stop relatively close.
We’ve been declining for three weeks. It is not uncommon for a down trend to last 4-6 weeks. I don’t want to be too negative here. At some point we bounce.