Nasdaq chart analysis

Just a quick reminder that the main trend (in blue on the chart) is broken ; why ? the lowest low connects the highest low, prior to the highest high.
Do not draw trendlines "everywhere" .......
1) The Nasdaq has a clear resistance level
2) Raise stop to 1800 if you bought (via an ETF)
Gut feeling ? Expecting a sideway trade, not the type of pattern I like to trade until we get a clear break out. Stay out.