Market adjustments, such as Japanese holidays noted below, and the impact of Palladium prices on Nasdaq companies have been incorporated into the following short term projected scenario.
Current Short Term Projected Scenario (Model #2019-3, Rev.1a)
Dow closing price on April 18, 2019: 26,559.54
Dow declines to June 17, 2019 (+/- 1 day)
Projected close: 19,439.23 (+/-1%)
Between April 27, 2019 and May 6, 2019, Japanese markets will be closed for a series of national holidays. Indications point to a peak in the Nikkei on April 24, 2019 (+/- 1 day) followed by a long decline going into January 2020. This decline is expected to run in tandem with a drop in the Dow Jones Index.