This chart sums it up nicely: It’s Quad Witching Day for Q2 and it was Q3 last year when the Nasdaq was rejected at 16,000 and fell back to 14,000 – a 12.5% drop and we found support 1,000 points (7.5%) over the 50-week moving average. Then in April (remember?) we fell from 18,500 to […] Source