THe Nasdaq 100 (QQQQ) is trading just above the lower ascending trendline on the daily timeframe near 44.25. This level is also prior support from late July/ late August and the approximate level of daily S2 (see 10 minute chart inset). There is no sign that buyers are taking control yet, but this is a likely area where there is potential for buyers to show up. Tighten stops on shorts.