Looking for a run to the 23,000 area on the DJIA, then a correction of 10-12%. If we blow right through 23k, then it could be off to the races and hit 40k by June of 2018.
When we hit 21k, I'll have a better idea of how the U.S. markets will behave going forward.
Remember, as the world crashes and burns, the US dollar gets stronger. And those foreign dollars will get invested in US stocks. Money flows to the strongest currency.
But again, the 23,000 area is of great importance and what happens when we get there.
STD (dieselfuel)