Based on the identification of a Dow turning point occurring by January 6, 2020 (+/- 1 trading day), as noted on December 29, 2019, a decline is now expected to occur during the first quarter of 2020. Preliminary calculations indicate the Dow should decline to 20,044 (+/- 1.5%) by March 10, 2020 (+/- 1 trading day). Note that volatility is expected to increase significantly during this decline.
Intermarket structural analysis research