NASDAQ Technical Picture - Post FED Pullback?

We could sell-off in the aftermath of the FED policy and the possible end of rate cuts unless earnings overshadow. Several aspects of the chart highlight a potential pullback including today's bearish engulfing on high volume. If you look at the intraday Qs, you'll see that most of today's volume kicked in after the statement. We also have a bearish tweezer top from last Thursday's high and today's high. Failures often result in fast moves, so it shouldn't come as a surprise if the bears gain some traction here. Also, within the tweezer top we've had a three day period of price/volume contraction which usually leads to expansion.