JICPT| NQ rebounded from previous low with ab=cd pattern formed

Hello everyone. NQ has been down by more than 13% since Sept. 13th. Now sellers look to take a breath around previous low created in June after massive sell-off.

With the confluence of previous low, I also noticed that ab=cd pattern formed. The tech-heavy index is likely to rebound to level 12041- 12174 which happens to be 61.8% fib level.

What do you think? Give me a like if you're with me.