Nasdaq Bearish trend or correction?

At the moment there is a downward movement. But a question arises. A correction is either the full start of a downward trend. There is a possibility that by the end of the quarter, we are near the end of the decline in prices for the Nasdaq index. The targets of the correction may be the marked strong levels on the monthly and weekly timeframes, after which it is likely that the ascent to the Santa Claus rally will begin.