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US Stock Indices and the NASDAQ – When in Doubt Draw It Semilogarithmic – Price Target is $7,100 to 7,200

Nasdaq 100 (Symbol: NDX) Monthly Price Chart – When in doubt about the target plot it on a semilog price axis, which reshapes an exponential trend with a linear look. Plotting the resistance trend line above the price indicates upside targets of $7,100 if reached in Jan and $7,200 if reached in Feb 2018.

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