Elliott research Forecast DJ 30
On 9/23, the new 2-week range was adjusted to 47,000, with an alternative of 45,750 if incorrect. The new expiration date is 10/15/2025. On9/15, the 2-week range was updated to 44,700 as the 'target if wrong,' with a new expiration of 10/01/2025. On 8/22, the direction was switched from down to up. On 8/14, the 2-week range was revised to a decline to 43,700, and if incorrect, an increase to 46,700. This appears to be a retracement forming a head-and-shoulders top. The new expiration is 09/01/2025. On 7/30, the 2-week range was set to 45,300, and if wrong, to 43,200, with a new expiration of 08/15/2025. On 7/15, the 2-week range was updated to 45,300, and if wrong, to 43,000, with an expectation that the uptrend will resume soon. The new expiration is 08/01/2025. On 6/30, the 2-week range was updated to 45,100, and if wrong, to 43,000, with a new expiration of 07/15/2025. On 6/13, the 2-week range was adjusted to 44,000, and if wrong, to 41,200, with a new expiration of 07/01/2025. On 6/2, there was no change in targets, and the new expiration is 06/15/2025.
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