Thursday, June 26, 2014

Dow Jones Projections 6/26/2014

INDU (Dow Jones Industrial Average) Projection (6/26/2014):

First I anticipate a drop down to the 16,602 level. Then a bounce from there up to 17,566. This is on the daily chart, so it could take some time to develop. Looks like the drop could take until mid-August, while the ride back up could take until the end of September. Don't hold me to the dates, but I'm solid on the price ranges.