On December 3, 2024 preliminary calculations indicated the Dow could move up to 46,477 before moving lower. A review of conventional technical indicators show the Dow moving up to 47,375 before moving lower. This is based on a repeat of the structure developed during October – November 2021. A year-end rally is still in progress.
Note that this information is for educational purposes only and not a recommendation.
Stock chart courtesy of StockCharts.com.
