Markets might open red again. Watch how the key stocks act around support. $FB
around it's 50d SMA and $GOOGL
around the recent gap-up low at 920. Same goes for the S&P500 around 2330 and the Nasdaq composite around 5970. If these levels fails without any recovery rally afterwards this could get pretty ugly today. At a certain point the institutions will be forced to sell part of their holdings which will be visible in $FB $AMZN $GOOGL $MSFT $NVDA
... However we are not there yet.