The Nasdaq is testing the opening lows, though its held so far.

The dip-buyers have won almost every battle this year and looked to be doing the same shortly after the open. I fear that the change in the stance of the Federal Reserve takes away the Fed put and will make it more of a two-way market. On the flipside, the seasonals from now through December are exceptionally good.

There have been some various times this year of higher volatility where bitcoin has given a 5-30 minute warning sign ahead of broader selling in the Nasdaq. Keep an eye on that trade because it can be a good one.

Nasdaq intraday: