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Dr_Roboto

2018 Repeat - Growth stocks could still drop 15% before bounce

Vanguard Growth ETF (AMEX:VUG)  
Dr_Roboto  
AMEX:VUG   Vanguard Growth ETF
Trend Analysis Chart Patterns NASDAQ 100 CFD QQQ SPX (S&P 500 Index)
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trendanalysis chartpattern ndx qqq spx
For growth stocks, I matched the pattern from 2018 to the current trading channels. If true, then there could be up to 15% downside in the coming weeks. The good news is that we could see a sizeable (30%) rebound afterwards.

snapshot

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