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Dow Jones Industrial Average – December 18, 2023

Reference Post: https://bartscharts.com/2021/01/20/how-logarithms-music-and-math-yield-40655-as-a-target-for-the-djia/

For those that have been following me a while, you’ll know I enjoy using some mathematical methods to derive targets. I’m not going to dive into the math behind these calculations but I am leaving a copy of the spreadsheet so you can see and test the hypothesis if you like. If/when I’m wrong, please let me know and I’ll correct.

Using logs and musical notes based on the equal octave scale of music, the note of “E” has shown up at pretty much THE major tops of our past century. 1987 and 2007. So, I just moved up another octave and calculate the 40K + ish target shown below. I was always wondering if … or how …we would get to that “number” and we are now w/in percent of that target.

What really gets me excited is that we have a ton of “other” targets coming in to this area/zone. Wowza … I honestly have NO IDEA what is going to happen … but things are certainly lining up.

Let’s wait and see!

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