Major Commercial Trader’s continue to support a move that will send the Dow Jones Index higher. Based on this, a review of the long-term outlook was warranted using an index model constructed of multiple historical derivative structures that align with the current Dow pricing model. The results revealed a significant move to the upside is expected with the Dow hitting its peak in 2021. This long-term move is not unusual and occurs on a regular basis in multiple markets. There will be pullbacks along the way, but algorithms will continue to run, independent of external forces, until the program is complete in mid-2021. At that point a significant decline is expected to start.
Intermarket structural analysis research