Nasdaq (update)

We made new highs today on strong selling, best shown by the large red body candle.  We also closed below the low of the doji pattern from a couple days ago thus creating a low close doji pattern.  If you went short below the doji with my aggressive stop @ 5440.25, then you'd be stopped out.  If you went short with my conservative stop @ 5535.50, then you'd still be short.  If today's high holds up as a top, then I see aggressive downside targets ~ 5045.50 and conservative targets ~ 5183.50,  But, I will revisit as the market develops.