NDX100: Up 16% (+1800 points) since the Cloud Chart Support Rebound Trade! Now close to key resistance zones!

NDX100: Up 16% (+1800 points) since the Cloud Chart Support Rebound Trade! Now close to key resistance zones! So far a great rebound trade! NDX broke past 12523 and 12663 resistance zones and now fighting resistance at the 12888 cloud chart zone with next key resistance at 13140/13315 zones!

On the daily cloud there is upside potential to the next key cloud chart resistance zone at 13387! As long as price action is above the top end of the cloud outlook is bullish! Downside risk to key cloud chart support levels are 12662/12299 and 11957! Consolidation risk to these levels and then a further rebound from there if support holds!