US Markets - Nasdaq Composite Long Trade

We are working on our charts for tomorrow's Technical Tuesday report and wanted to share this chart of the Nasdaq Composite tonight.  The index is down to an MFU-2 target zone based on the weekly time frame, as well as hitting a MOB band and Ellipse buy.  We believe the reward to risk zone for a long trade is favorable, and we will use the recent low as a stop. 



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