Dow: 2020 Fibonacci

On March 16, 2025 a preliminary conclusion was made that a decline was expected in the coming weeks. Last week financial news media outlets, in coordination with stock exchanges, have provided a dire picture of global tariff policies that will force a review of corporate stock values. Hedge funds are liquidating assets and have been hit with Lehman-style margin calls. The most recent chart structure similar to what was developed in 2024 and 2025 is the 2019 to 2020 Dow chart. Based on the 2020 Fibonacci structure shown below the Dow should move down to 28,000.

On March 29, 2025 it was noted that between March 3, 2025 and March 18, 2025 very large Apple block trades of over 5 million shares each crossed the tape. All of these trades occurred at the market close. It appeared this was part of a much bigger Market Maker accumulation process. On March 31, 2025, pension funds conducted the largest buy session on record. Market makers would have supplied a majority of the stock they accumulated in March.

Note that this information is for educational purposes only and not a recommendation.

Stock charts courtesy of StockCharts.com.

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