On Thursday, January 17, 2019 the Dow closed above its 50% retracement point between a high of 26,789.08 on October 3, 2018 and a low of 21,712.53 on December 26, 2018. This move supersedes Model @2019-1, Rev. 0 and indicates Market Makers are accelerating their schedule to prepare a meaningful decline that could start as early as next week.
Intermarket structural analysis research