MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Dow Stock Market Trend Forecast Update

johnNjohnN
in The Bullpen
http://www.marketoracle.co.uk/Article65793.html

Dow Stock Market Trend Forecast Update

Clearly August has seen a significant deviation from the trend, trading down 25,300 which is significantly lower than the 26,500 I thought would hold any decline into August. The Dow currently stands at -4.5% against the forecast trend. This analysis will update on whether its possible for the Dow to converge to the trend forecast (red line) towards a late September high of Dow 28k which with 3 weeks to go is definitely a tough ask.
Sign In or Register to comment.