The current rate of ascent for the Dow indicates Market Makers are running behind schedule. This would place the Dow near 30,400 (+/-2%) by August 30, 2019 (+/- 1 trading day) and close the gap on the subsequent decline. The peak in August will be followed by a decline that will last until the end of October 2019. The model has been updated, as shown below.
Market Makers will Move the Dow:
1. Up to 30,400 (+/-2%) by August 30, 2019 (+/- 1 trading day)
2. Down to 21,100 (+/-5%) by October 28, 2019