Downtrend officially in tact. Bear Trap?

We finally saw the 38.2% Fibonacci retracement level tested. Watch this video to see what I am looking at in terms of a possible bear trap and reversal or continuation of the downtrend.

Happy trading!
Linton
AB=CDcorrectionFibonacciFibonacci RetracementNASDAQ 100 CFDnasdaqnasdaq100NASDAQ 100 CFDwolfe-waveWolfe Wave

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