This downtrend is far from over. Many folks seem to think this is your typical garden variety pullback. However, my take (before this decline even started) was that we'd get a 15-20% correction from Nasdaq 2700+, ala summer 2004.
I suspect a tradeable bottom is close, maybe off of the 2500 area? Although I doubt da Bullz gain much traction before da Bears step back in and take this thing down to fresh lows. 2362.50 is the minimum target, if that's breached, we will likely see 2290 and maybe even 2200 before the final IT bottom is in place.

ZZ