Nasdaq Composite: Rebounded from the turning line of the Cloud Chart as well as the front end support zones!

 Nasdaq Composite: Rebounded from the turning line of the Cloud Chart (CC) as well as the front end support zones!

The Nasdaq Composite  (IXIC) rebounded from the front end cloud chart support zone on the 4H CC. 

Next key resistance targets the bottom and top ends of the 4 H CC. 

On the daily CC the index rebounded from the standard line support zone of the CC. Next resistance targets the bottom end of the front end of the CC.

As long as the rebound support levels hold we should see a rally into the year end.