Its very rare for the nas100 to be oversold like this on the 4hour last 7 years we have a couple of moments that resulted in average moves of 9.8% to the upside.
3.72% January 2015
13.71% August 2015
6.30% September 2016
15.58% March 2018
Average 9.8%
SL - 11200
TP- 12000