• 309 days Will The ECB Continue To Hike Rates?
  • 309 days Forbes: Aramco Remains Largest Company In The Middle East
  • 311 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 711 days Could Crypto Overtake Traditional Investment?
  • 716 days Americans Still Quitting Jobs At Record Pace
  • 718 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 721 days Is The Dollar Too Strong?
  • 721 days Big Tech Disappoints Investors on Earnings Calls
  • 722 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 724 days China Is Quietly Trying To Distance Itself From Russia
  • 724 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 728 days Crypto Investors Won Big In 2021
  • 728 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 729 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 731 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 732 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 735 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 736 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 736 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 738 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

So Where Are the Dow Industrials Headed?

Short term, the Dow Industrials are approaching an Intermediate term top. However, there is evidence that suggests more upside is likely over the next few weeks, leading to that top. The below pattern in the Dow Industrials is an Ascending Expanding Wedge, with diverging upper and lower boundaries, which suggests a top here of significance. Once complete, prices can be expected to drop to about the start of the pattern, at a minimum, meaning into the 9,000s over the intermediate-term, although if the PPT responds by hyperinflating the money supply, it could be 9,000 in real dollars (gold adjusted), not nominal. A confirmed Hindenburg Omen remains on the clock until October, 2007.

For complete analysis, we offer you this weekend's 52 page market analysis report, which identifies the next phi mate cycle trend turn date, as well as when the coming top in the blue chip stock indices is likely to occur by clicking here:

https://www.technicalindicatorindex.com/s.asp?ls=www.safehaven.com

The report tells you the reasons why we believe a huge Bull market rally will follow the coming multi-month correction. The report also covers the coming breakout higher in precious metals and the HUI Amex Gold Bugs Index, including minimum upside targets.

Are soybeans dangerous to your health? As a health related bonus, we present recent findings on this subject, which is important because soybeans are being used as a food additive and extender in nearly everything we eat.

You can access the full 52 page market report, loaded with charts, including all of the above plus our latest key trendfinder buy and sell signals, Elliott wave analysis, and pattern analysis for major markets by clicking below:

https://www.technicalindicatorindex.com/?s.asp?ls=www.safehaven.com

and purchasing our low cost one-day subscription for only $14.95. This one-day subscription allows you access to all reports and features on our site. After subscribing for $14.95, a 25 percent discount off the regular one-day rate of $19.95, simply log in and click on the button at the left of the home page for the report you are interested in. To access this 52 page weekend report, June 6th, 2007, issue no. 616, simply click on the USA Weekend button at the left.

 

Back to homepage

Leave a comment

Leave a comment