Dow 24,000 in the bag - or is it 25,000 by New year?

Following my last article, things have gone according to my predictions so far. Major indexes tirelessly moving forward and breaking one historical high after another….And the party shall continue to the end of this year. I predicted that Dow would move towards 24,000 weeks ago and we are at 23.300 ish as I write. Dax has made another historical high and we can indeed expect it making more historical highs to the new year. Now I have a new question for myself … Can we see Dow 25,000 by new year? The answer is yes.  Having said that I am cautious that … end of Oct and most of November we could see drops the major indexes but we will re-start the rise again beginning of December …  Even if we can’t hit 25k … I would strongly say we will see Dow 24,000 for certain this year. Could we see Dax 14,000 by new year? – entirely possible, if Dow moves higher so will Dax … All in all,  the fantasy train continues and will do so at least for 2017. For 2018 one has to re-consider. The reason I have an eye on Dow 25k by new year is that we have had no major drop on our way up from Dow 18,000 when the drops or pull backs were expected, there was no going back to 19k from 22k or any other real bearish scenario, therefore the bull is tireless and aggressive in the utmost. I also expect FTSE to hit a new historical high around Christmas. Finally … bulls be cautious in November because IF there is going to be any major drop this year it will be in November, please note the IF- December as an up and very bullish month is what I am expecting, ending 2017 on a high note.

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All in my humble opinion and no investment advice intended

 

Andre Minassian

Always expect success

www.intuitivetradinginstitute.com

 

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Comments

1. Michael M says:

   October 22, 2017 at 11:20 am

   Dow 25,000 Andre, beyond belief, I think you are right all the way up to 2018 and then I think drop like a hot potato down to dow 18k.Great call and foresight by the way, all respect.Always looking forward to your writings and will be checking out your course today since I have time to myself. website looks superb.
   M

2. Edward K. says:

   October 22, 2017 at 11:23 am

   25k dow jones,;no stopping the madness,thank you so much for your articles and thoughts, always appreciated. You course looks amazing and website so professional. Will most certainly do your Intuitive sigma course.
   I’m just too scared right now to trade but will follow your thoughts for a long in December.

3. Sarah says:

   October 22, 2017 at 11:26 am

   The intuitive course looks amazing Andre, will download the course on Tuesday when I have a few days off, great and on the money predictions so far from you~ God bless !!

   kind regards
   Sarah

4. Anthony G. says:

   October 22, 2017 at 7:49 pm

   I agree Andre, they can push this train to 25 and dax to 14, what next though? How far is this going to go? Surely that has to be the end of the bull,;surely!
   Thank you for your thoughts, always look out for them
   Anthony

5. VJ Sing says:

   October 23, 2017 at 8:01 am

   Unbelievable foresight Sir, I’m so impressed by what you’ve been predicting since the beginning of this year.It is scary the agenda in play, what are they trying to do by pushing the indexes to such unreasonable levels? What goes up must come down. Looking forward to enrolling in your course. Best regards VJ

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