The following projection is based on Market Maker activities up to February 25, 2019. A significant decline is expected this year, but the Exchange Stabilization Fund could intervene again and support the stock market, as they did in late December 2018. If they do intervene, a revision to the Model shown below will be required.
Current Projected Scenario (Model #2019-3, Rev.0)
Dow closing price on February 25, 2019: 26,091.95
1. Dow declines to June 24, 2019 (+/- 1 day)
Projected close: 13,177.60 (+/-1%)
2. Dow moves up to August 16, 2019 (+/- 1 day)
Projected close: 16,800.00 (+/- 1%)
3. Dow declines to November 19, 2019 (+/- 1 day)
Projected close: 10,791.00 (+/- 1%)