Dow: Options Expiration

Market Markets are currently focused on their timeline going into options expiration. The double top formation indicates a delay to setup a move to the downside starting mid-month. This aligns with the original projection on February 2, 2019 that a peak would occur on February 19, 2019 (+/- 1 day). The latest model shown below provides an adjustment based on Market Makers actions.

Current Projected Scenario (Model #2019-2, Rev. 1)
Dow closing price on February 14, 2019: 25,543.24
1. Dow moves up to February 19, 2019 (+/- 1 day)
Projected close: 25,669.61 (+/-1%)
2. Dow moves down to June 20, 2019 (+/- 1 day)
Projected close: 16,244.80 (+/- 1%)