Projected DJIA, S&P, EURUSD, USDCHF for Friday February 28+, 2020

Disclaimer: This is opinion, speculation and observation only, not advice. Forecasts are just guesses, whether educated or not. Read full disclaimer at the bottom of this page.

Forecasts & Analysis- most recent first. Click on the screenshots to enlarge:

Our analysis of the DJIA, etc. during Covid-19 for spring 2020 is now concluded. We still expect the Dow to move in a large downward trend with lower highs and lower lows toward the support level shown below in our long term analysis.

The Dow today, April 23, 2020, showing support level:

See purple support line, DJIA


April 20, 2020. Screenshot of the Dow prior to projected decline (of about 1700) to around 21,700.



April 6 The Dow pullback goes higher before major fall:



March 24 The Dow Jones Index awaiting stimulus:


March 23, 2020 5pm EST As of market close in NY, the DJIA is still holding at support. It is rare that a stock or index stops exactly at support and doesn't pull back, but it does sometimes happen. Hopefully the government will pass stimulus by tomorrow so we can see a large pullback. If that support level is crossed, the next support level is pictured down the page below at 10-11,000.



March 23, 2020 The DJIA has stopped at a key support level and it looks like we'll see a good rally when the stimulus package is passed. The fact that it flat stopped here and didn't go short of or pass through this very major support line is great news pointing to a strong possibility of a very big pullback. We still think the DJIA is ultimately headed for major lows, however, this is a good break for those who need it right now, so they can make decisions on the high, rather than the low.

March 23, DJIA

March 16th, the DJIA is at a key support level. If this level is breached, the next support level for the DJIA is pictured in the 4th and 5th screenshots down this page in white.

DJIA March 16, 2020


Three resistance levels to watch March 13th + next week on the EUR/USD (Euro, US Dollar, yellow lines):
Update: As of three hours past Tokyo open on Sunday, March 15th, the EURUSD has already moved 1301 points (most of this within the first 5 minutes of open) and breached the first resistance levels. The Tokyo session has 20% of the daily volume, London is 30% and the US London overlap is 50%, on average.


DJIA reached our February 28+ projection today (see further below screenshot dated February 27th):

If the current DJIA support levels are breached, the next support level is shown below in the screenshot taken on February 15th for the DJIA. We also posted this particular support line in August of last year, before Coronavirus, election year, etc:

The fiat economy: Trendline support for the DJIA. Phipps and Sons, February 2020 Screenshot.

DJIA support August 2019 screenshot. This was back when we knew the natural cycles showed that the DJIA was going to crash, we just didn't know why/how yet:

DJIA August 2019. Support. 


Week of March 8th forecast:
DJIA, SPX500 & USDCHF + all other corresponding stocks, commodities and pairs - expecting large downward movement.
EURUSD and all other corresponding stocks, commodities and pairs - expecting large upward movement.

DJIA screenshot, daily chart, March 7, 2020


March 5 morning forecast:
DJIA, SPX500 setting up to fall further
EURUSD, setting up to make new highs
USDCHF, setting up for new lows

DJIA (click screenshots for larger view):

DJIA March 5 screenshot before New York open


DJIA screenshot with red support line February 27, 2020, Phipps & Sons

S & P
S&P screenshot with red support line February 27, 2020, Phipps & Sons

See also: https://www.phippsandsons.com/2019/06/the-2008-financial-crisis.html This is the money that will be evaporating if the DJIA goes back to 2008 levels. The money was never real, and the banks are now stock brokers, so this will be interesting.

These are all natural cycles. The cycles are the cause. The national and international events are the effect, and not the other way around, regardless of how things may seem. We studied these cycles for 10 years.

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