I'm Melissa Lee and this is Fast Money Tonight's Trader

line of Tim Seymour Steve Grosso Jeff Mills and Delano Sapporo founder of

New Street Advisors Group coming up on Fast the Chartmaster's big

warning for Big Tech.

Carterworth has a five charts that show more pain ahead for the tech trade.

Plus, a Tik-Tok takedown, China drawing a big line in the sand as the clock ticks on a

Tik-Tok deal deal and Nicola fires back.

Hey what's up everyone so first of all you know I never take any shit.

I come straight at everything I ever have done

Nicklea founder Trevor Milton posting this fired up response to fraud allegations just

a short time ago more of his reaction straight ahead we start off with with the Tech Rec, the NAS Act dropping

for the fifth time in six sessions and falling back into correction territory, down more than

10% from its record, the index closing the week with its biggest loss since March and at the center of all of this

the tech titans defeated Apple Facebook all the big names tumbling this week

tech still the best performing sector of the year but is this an ominous sign for the market.

Jeff Mills what do you say?

I think in the near term that it probably is ultimately I don't think this is the

rotation that we've all been waiting for quite frankly.

I think the equation of fed liquidity plus fundamental uncertainty equals crowding into this large cap growth

trade is probably still in play.

But near term, I do think that there's more room

to the downside.

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