[UNLOCKED] – Trended Q1 Forecast
Included here is a trended Q1 forecast for the Dow Jones Industrial Average.
The first chart is the trended forecast completed on the last day of December 2024. The second chart is updated to reflect price action through Friday January 31st.
A few important things to note:
-As a trended forecast, this is the behavior + general price path to watch for the Dow Jones to travel through March 31st 2025. Most EP forecasts are de-trended unless otherwise indicated, meaning they forecast behavior, not price travel pathway.
-The Dow Jones is considered the ‘backbone’ of the stock market due to the fact it is comprised of the 30 biggest companies listed on the U.S. stock indices.
-The most recent candle is an engulfing candle. This type of candle, at the location of a peak, is often considered a harbinger of volatility and potential bearishness.
-Market participants should expect volatility into the 1st week of March with the forecast pointing to a high probability of a decline from 2nd week of March into the last week of March.
As we approach April, an updated trended forecast for the Dow Jones will be delivered for Q2 2025. An extended trended forecast for the Nasdaq is in the works.
The February Newsletter+Forecasts report will be delivered next week.
Happy trading.
(click charts to expand)
March 4th, 2025 Update (price-updated only):
April 11th, 2025 Update (price-updated only):
