Watching $COMP around 11.075 today

Been keeping an eye on the Nasdaq composite this morning, specifically that 11.075 low from earlier today. If we see a solid close below that level, especially on increasing volume, I'd consider that a significant break, potentially signaling further downside pressure. The risk to that view, of course, would be a strong recovery and close back above 11.30, invalidating the bearish short-term outlook I'm sketching out.