A review of the timeline indicates Market Makers are still planning a January – February decline. It is expected that they will split the decline with the first part in January by dropping the Dow to 26,256 (+/- 2%) by January 28, 2021. This will be followed by a relatively small retracement during the first week of February to 28,154 (+/- 2%). The second decline is expected to take the Dow down to 14,683.46 (+/- 2%) by March 2, 2021.
Intermarket structural analysis research