3/19/2024 – A positive day with the Dow Jones up 320 points (+0.83%) and the Nasdaq up 63 points (+0.39%)
The market continues to behave as anticipated as it moves towards our time/price completion point. We are nearly there.
We are getting close and will begin final targeting analysis over the next few days.
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 —————