During May 1020 Jeff Miller made a prediction that DJIA will reach 20K. This was an unthinkable level at the time, as this was 6 years ago and the index was trading at 10K. Most analyst were expecting the index to drop down to half at 5000 points, before the bullish move to continue, but it did not happen. Now that the best performing financial instrument is in reality at 20K. What is next?
Miller now says, that the market may go up 10% or 20% more faster, but after that will slow down. It may double again after around 10 years to 40K. but this will depends on whether the corporate profits continue to increase
It is possible that correction can happen and is expected especially after the New Year, due to the over bought levels before the trend to continue and that would be health for the DOW JONES.
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