Nasdaq Composite: Rebounded from key cloud chart support zones! Next key resistance zone bottom end of the front cloud chart zone!

Nasdaq Composite: Rebounded from key cloud chart support zones! Next key resistance zone bottom end of the front cloud chart zone! Nasdaq Composite rebounded from a cluster of cloud chart support zones on both the Monthly and Quarterly cloud chart! So far so good!

On the weekly cloud support at the 10597 low held and the index managed to rebound from these levels, and this level was close to a major support zone of 10409 on the cloud!

On the daily cloud there is upside resistance at the bottom end of the cloud as well as top end cloud chart resistance. Need to see a real strong breakout past these cloud chart resistance zones for the outlook to be bullish on the daily cloud!