This is very, very important.

The NASDAQ Composite is at a moment of truth. It has BOUNCED and FOUND SUPPORT at the only trendline that matters. The last time it did this, twenty-three months ago, it went on to extraordinary gains, and the bulls stomped the living guts out the bears.

Know this: if our bullish friends can’t find support here, they’re going to be screwed, and screwed for years. The time is now.