The NAAIM Index hit a reading of 59.92 on April 30, 2025. This is very close to the reading of 59.43 on January 2, 2019. Note that patterns in the Dow during 2024-2025 and 2018-2019 are similar. These structures were developed over a period of time when tariffs were being applied. A move higher is expected for the Dow and S&P500 in 2025. They should follow the 2019 pattern. The charts below illustrate this comparison.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
