According to WallStreetBulls, the Micro E-mini Nasdaq-100 Index has plummeted to 19,225.75. The Relative Strength Index (RSI) at 63.87 indicates overbought conditions, suggesting potential for further decline. A break in the trendline supports a bearish outlook, prompting traders to consider exiting positions to avoid further losses.

According to ReetikaTrades, shallow market dips present buying opportunities, whereas perfect retests or significant dips might indicate a good time to exit positions. This suggests traders should consider the magnitude of market corrections to inform their buy or sell decisions.