From my side I can only states that the bearish move on Nasdaq was properly predicted by the election of the weekly reversal of Mai 17th, the downturn move stopped at the border of another weekly reversal (June 3rd) which acted well as exit signal (not electing it) and now elected a new bullish weekly reversal that has been elected by more than 1% (risk of counter move is there). I have  now followed the reversals on Nasaq for one year and at least for me worked :-)

It is fair also to say that based on technical analysis alone the bottom of June 3rd would have been expected as it was exactly the minimum of March 8th. So no reversals would have been required to predict a proabability of bouncing.