With tech as the leading index, we are labeling the NDX short term pullback with wave (2) support levels at 10,921 at 1st level of support at 23.6% retracement and then at 38.2% at 10,131. On the larger time frame, the overall bull trend is still intact. We are looking to establish a shorter term income trade like a butterfly spread on NDX as we’re in for a major bout of ovality as interest rates drops.