 Welcome traders to another tickmail chart it with me Patrick Munnally. I want to draw your attention to a potential developing opportunity in the NASDAQ 100 or the TEC 100. Intrally timeframe, hourly timeframe we can see the decline here has subdivided nicely into a five-wave pattern. The recent low was a move down to test the weekly S3 pivot. Got some nice divergence on momentum studies and we responded or reacted off those lows. What I'm looking for now is a test of the daily pivot 11,295 looking for a pullback into 11,140, 11,150 looking for bullish reversal patterns on the hourly timeframe set long positions targeting a move up to test 11,450 in a corrected pattern there. As always traders plan the trade, trade the plan, most importantly manage your risk. Until next time, thanks very much.