Nasdaq fell hard after the breaking of the white uptrend line and now testing the 12.440 support level. Nasdaq index may repeat the pattern in zone “A”. After the breaking of the trend line at that time (red), the price fell to the previous top and get support from there. A new trend has formed with a smaller slope. If the price able to hold above 12.440, we may see that pattern formed again. But a weekly close below that level may cause panic selling for Nasdaq next week.