DIA will decline from the January 18, 2019 high of 247.48 (aftermarket high on that day which was slightly higher than the market high of that day) to at least 217 by February 13, 2019. The decline to that price will have been 12% but indications are the decline will ultimately be greater than herein predicted.
Recall the December 25, 2018 (aftermarket) low in DIA was 215.93 and that level will be very attractive (support/resistance) to the market.
This prediction represents a small decline relative to the great wave from January 18, 2019 to April 19, 2019 (April 19 is Good Friday and markets are closed).
Thirty Three
January 21, 2019
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