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bryonss

20% upside for Nasdaq in 2018

Long
US Composite Index (TVC:IXIC)  
bryonss Updated   
TVC:IXIC   US Composite Index
Trend Analysis
2
1
trendanalysis
Based on Log chart I expect Nasdaq to rise to a maximum of 8900 in 2018.
Trade active:
Nasdaq is making new highs and could make 20% gain, but has 33% risk of 20% correction.
Comment:
Nasdaq made 11% gain by Aug 2018, which was 55% of predicted max.
October it dropped and has a long way to go to reach prediction.
Based on this chart, it's not convincing that charting has predictive power.
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