Indice Composite US
Long

Looking forward for the Nasdaq

667
Hello! Princess Gwen here, looking to the future. Diamond tiaras are expensive, so it's important to guard your investments. Looking ahead, I find it likely that the US equities market will go through a short surge of optimism, +5%, before making a catastrophic plunge down through the bottom of the current channel that we're moving in, in a big, -20% move. I'm using the 2007 Nasdaq market for comparison, to give some rough estimates for where the market would be expected to hit turnaround points.

If instead the Nasdaq moves up, I would look for it to break through the previous all-time-high. Until then, we're still range bound.

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