Nasdaq had a nice bounce off support today - ConsultFX

Nasdaq had a nice bounce off support today

50 day MA and 38.2% retracement The Nasdaq index is up about 65 points or 0.87% today at 7509. It reached a high of 7526 at the peak. The low reached to 7419.55.  At the low, the index was down -25.5 points.  A good comeback for the tech index.