Dow above 14,000 - one year from now
Dow above 14,000 one year from now
Dow above 14,000 one year from now
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We always hear that what drives any market is fear and greed, in one of market studies we have done about peace-war world statistics,
we found that markets are influenced greatly with peace/war globally.
The plotted chart presents the major peace/war index (the blue) and the Dow Jones Index ( green). from the plotted numbers(1,2 and 3), we found that whenever peace/war clears its highs, the DJI follows.
During the past 6 months, the peace/war index has visited its 2008 historical high without clearing it upward leading the Dow Jones index to follow and stay in the 10,000- 10,800 band.
Currently,The peace/war index is heading again to its highs with more momentum and strength, that is why we foretell, it will break upward this time.
The average time the Dow Jones Index takes to follow the peace/war index and clears its high is almost a year.
Therefore, we reached a conclusion that 1 year from now, the Dow Jones Index will break above its 14,000 level.
Best wishes to all :)
Doaa Elwy Fahmy, CMT, CPM
MTA Board Director
www.yallaboursa.com
About Ms. Doaa Elwy, CMT, CPM
To contact Ms. Doaa Elwy: doaaelwy@yallaboursa.com
Ms. Doaa Elwy Fahmy, who is both a chartered Market Technician(CMT) and a Chartered Portfolio Manager(CPM), has guided many investors to build, grow and preserve their investments and wealth in the stock market.
Doaa is serving currently as a board director in the market technicians association (MTA.ORG).
She is the chairman of alhesn research house, based in Cairo, Egypt.
She worked as the chief technical analyst in Pharos holding, which is ranked fifth in the Egyptian stock market.
Doaa also worked for Beltone financial, one of the top ten companies in Egypt and have branches in UAE and KSA. She covered the GCC markets.
In addition, she worked for SIGMA as a chief technical analyst which is ranked one of the top companies in Egypt.
Doaa is a graduate of the Faculty of Engineering, Communication Department, 1999. In addition, Doaa has a strong computer and IT background supported by having an IT diploma obtained in 2000 from the Information Technology Institute (ITI), with excellence and honors. She ranked the highest in grades among all the graduates and was honored by the minister of IT and communication at this time (Dr. Ahmed Nazeef).
Doaa has started her career in the Investment by studying Edinburgh MBA courses, Finance, Accounting and Marketing and the other four required and two elective MBA courses since 2001, Moved from this completely to studying the technical analysis with private tutors, by taking a wide variety of courses.
She is the first woman to get the CMT certification in the Middle East and she is also a CPM (Certified Portfolio Manager) holder, an authorized Egyptian Portfolio management certificate.
Doaa's market outlooks frequently appear in the Financial main channels (Al-Arabya and CNBC Arabia), commenting technically on the Egyptian, GCC markets. Also, writes a weekly market outlook in the World Today (Al-Alam Alyoum), the main financial newspaper in Egypt.
Dow above 14,000 - one year from now
By: yallaboursa