Author: Brett Eversole, DailyWealth.com

It’s dropped too far, too fast — and history shows that when shares reach today’s extreme levels, rebounds of 40% or more have often followed.

It just suffered a major sell-off… It’s now hitting record oversold levels… And according to history, that’s a setup for big potential profits (with 33% returns possible over the next year).

Two key indicators show that the market is strong right now. And that tells us this rally can — and likely will — continue.

They just staged one of their strongest eight-week rallies in 15 years, and history shows this setup often leads to massive gains over the following year.

Futures traders are more bullish on the Nasdaq 100 Index than ever. But according to history, that overheated sentiment isn’t a reason to sell…