MVedra
Long

NASDAQ poised for a solid rebound?

TVC:NDX   NASDAQ 100 Index
Low 29th October
Establishes a 2 week cycle low
Next cycle low end of this week
Reversal established when index gapped above 7071 on 7/11
Double bottom (pullback) at 50% retracement off the reversal
31st October opening gap now filled

The combination of these factors signal a bullish rebound.

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