Replies to post #36089 on The Black Box

[dieselfuel]

Re: DOW 23K

As of now, it looks like a correction in the DOW is of the sideways variety, instead of a typical 10% or so pullback.

The DOW is 660 points away from 23K. Let's see what happens after we get there.

[dieselfuel]

Well, obviously the DOW blew through 23,000

Money flowing into US stocks from over seas. The stronger the dollar, the more capital will flow into the US stock market.

Watch the euro and yen fall and the US $ stregthen against the Canadian $.

Looking for USD/Can 1.54 - 1.63
EUR/USD 0.88 - 0.80
GBP/USD 1.00 - 0.94
By 06/2019

[dieselfuel]

High Range Target for DOW 2018:

28,000 - 55,000

55k is the ABSOLUTE high. I doubt we get there, but 28k is the min. high I see for 2018.