DJIA and Nasdaq 100

Wall Street hit the panic button last week and has suffered the worse trading day in three years.
DJIA heavily plunged more than 500 points on last Thursday and Global Stock Market was dampened.
The CBOE Volatility Index .VIX, the market's gauge of anxiety, had its largest daily percentage spike since early 2007 on Thursday.

DJIA

From technical chart, due to the fundamentals, DJIA has hit way beyond our wave target price (> 3L), however, with a reversal candle on daily chart and intraday chart, consolidation bias up - a temporary rebound is likely to happen in the beginning of this week.

Market is going to hit the resistance at the following levels:
Resistance2: 11950
Resistance1: 11680

The development of fundamental issues may continue to decide the next direction of DJIA, if market were to continue coming down, support levels as follow:
Support 1: 11150
Support 2: 10950

NASDAQ 100

Similarly, market is prone to consolidation, bias up towards these resistance levels:
Resistance 2: 2265
Resistance 1: 2220

Without breaking beyond 2220, Nasdaq 100 is going to test current low 2132, breaking below this support 2132; we can see the next support at 2105.