Dow: Narrow Range of Trading

The Dow is expected to travel in a narrow range during the first quarter of 2019.  The following model provides notional values expected during this period.  Adjustments will be provided, as needed.

Current Projected Scenario (Model #2019-1, Rev. 0)
January 15, 2019
Dow closing price: 24,065.59
1. Dow declines to January 18, 2019 (+/- 1 day)
Projected close: 23,091.13 (+/-1%)
2. Dow moves up to February 4, 2019 (+/- 1 day)
Projected close: 23,904.86 (+/- 1%)
3. Dow declines to February 15, 2019 (+/- 1 day)
Projected close: 22,348 (+/-1%)