During the week of May 27, 2019, Market Makers used a structured approach in trading Dow stocks to stay on a predetermined path. The course has been set for the remainder of 2019. Market Makers will now push the Dow higher in order to reach 32,976 by August 30, 2019. The peak in August will be followed by a decline that will last until the end of October 2019. During the month of October, the Dow is expected to decline between October 9, 2019 and October 28, 2019 with a significant collapse between October 21, 2019 and October 28, 2019. The following model has been updated.
Market Makers will Move the Dow:
1. Up to 32,976 (+/-2%) by August 30, 2019
2. Down to 12,900 by October 28, 2019
Note:
If you compare a 1970 to 2019 Dow chart with the South Sea Company chart, shown above, we are very close to the peak.