Trend line support is 73, I'll buy more there. I think we see an oversold bounce to 77 tomorrow to let some folks out then it will likely come down to 73 after. I was wrong about the cup n handle but I do believe it will stay in it's uptrend and bounce off of 73 back to 80 after a quick oversold bounce then final drop.
I think anyone with a brain must take a look at NKE at $71.55 (200 dma) - a bounce off of the 200 dma would make the most sense - a break below would get very ugly, but that would not correlate with '14 and '15 earning's growth. The current retrace is healthy for the stock imo - now it is just a matter of honing in on a bottom and that appears likely this week or next. GL