$NASDAQ Composite Index(.IXIC.US) Last night, the three major US stock indices fell sharply. It seems that the US stock market may have peaked, or is it just a technical correction? However, given how much the US market has risen, a pullback was expected. Looking at the overnight futures, it fell about 100 points, which is relatively mild compared to the drop in US stocks. Perhaps the Hong Kong market had already partially reflected the decline yesterday. Today's trend is crucial. Normally, we should see a lower open, breaking below the bottom of the sideways range at 17,300 points. But if the market can recover from the lows and close above 17,300, the outlook may not be as bearish.$Hang Seng Index(00HSI.HK)