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yapwanway
Oct 25, 2018 4:15 AM

Momentary Rebound 

E-mini Nasdaq-100 FuturesCME

Description

Bullish reversal pin bar at daily support level (grey) with stoch below 30 suggest rebound signal. However it does not signal reversal of trend. Even if the market is to go down further, the recent steep sell down also indicate probability to rebound to the up trend line (black) before it will down further.
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