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Is a bottom in for the Nasdaq-100? Charts to watch
The article’s main point is that the Nasdaq-100’s recent rebound could mark a bottom, but it is too early to be sure. The bounce began after a substantial decline, and past recoveries following similar pullbacks have made buying those dips rewarding.
The next test is whether the rally can continue without renewed heavy selling. The index does not need to reach fresh highs immediately, but a sharp sell-off after the rebound could bring back downward momentum. The commentary is based on chart and statistical analysis by Frank Cappelleri, a market researcher and former Wall Street professional.
In short
- The Nasdaq-100 has rebounded after a steep decline.
- Past 10–20% pullbacks have often rewarded buyers.
- Renewed strong selling could revive the downturn.