3/13/2024 -A mixed day with the Dow Jones up 38 points (+0.10%) and the Nasdaq down 87 points (-0.54%)
We are getting close and will begin final targeting analysis over the next few days.
The market continues to behave as anticipated as it moves towards our time/price completion point. We are nearly there.
It is now evident that we are looking at March 25th (+/- 2 trading days) as our proposed completion point for this long-term rally.
Once again, we are now approaching our final target range outlined below. And right on time. Longer-term, the market is playing out exactly as it should or as per our overall forecast. In terms of putting in new all time highs before turning down into a major bear.
As per our updated calculations we have the following targets for final highs. And as of right now we are on time/schedule.
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- SPX: March 25th +/- , PRICE Target 5,200 (+/- 100 points).
- Dow: March 25th, PRICE Target 40,000 (+/- 500 points)
- NDX: March 25th, PRICE Target 18,300 (+/- 200 points)
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As we begin to approach March 25th and as PRICES begin to confirm our targets above, we will be able to triangulate our short-term calculations in what we believe will be an exact hit.
And once the said top is put in place, the market should shift its gears into a severe bear. We need to re-calculate our bottom projections again, but if I recall correctly, a re-test of 2020 bottom is probable. We can wait for this until the market confirms the top.
End Of Update —————