sven henrich has more. what are you seeing in the tech sectors right now?k you for having me on. the fact is the s&p has been in a steady uptick. more importantly is the trend. that was an establishes up trend. it got broken today. they have resulted in larger drawdowns. in 2018 the nasdaq broke that trend and retested it and made it slightly higher before we even got a larger 20% correction so we'll have to see now how support levels fundamentally see this market hold, vis-a-vis, the larger volatility still coming in keep in mind, this market has been very extended for a long time now since the march low ice been a steady uptrend and there's a very high valuation in this market at this point. >> so, sven, what are the technicals that you're watching right now to understand or predict whether this is a smaller pullback or really a full correction? >> well, the first one i'm looking at is the monthly explanation of the moving average which is about $43.25 which coincides with the daily if that holds, we could have kind of like a 2013 repeat, which was exactl