Short term calculations confirm a very high probability exists for the Dow to peak on September 24, 2019 (+/- 1 trading day). From September 24, 2019 a steady long-term decline in the Dow is expected to occur over the next two years. Minor adjustments have been made to the short term model shown below.
Current Projected Scenario (Model #2019-4, Rev.3.1)
Dow closing price on August 30, 2019: 26,403.28
The Dow is expected to:
Move up to 27,738.40 (+/- 1.0%) by September 24, 2019 (+/- 1 trading day)
Move down to 24,870 (+/-1%) by November 4, 2019 (+/- 1 trading day)
Move up to 26,558 (+/-1%) by November 19, 2019 (+/- 1 trading day)
Move down to 23,505 (+/-1%) by December 24, 2019 (+/- 1 trading day)