20% upside for Nasdaq in 2018

Based on Log chart I expect Nasdaq to rise to a maximum of 8900 in 2018.

İşlem aktif:

Nasdaq is making new highs and could make 20% gain, but has 33% risk of 20% correction.

Yorum:

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.