The Dow closed down near 800 points Tuesday at 25,027, which followed a rally into the weekend G20 meeting and Monday's buying climax high to Dow 26,000 that the mainstream financial media put down to a halt of Trade War hostilities between the US and China.

So the mainstream press remains clueless on the underlying geopolitical dynamics at work, for trade is only one aspect of the slow burn inevitable US - CHINA full spectrum WAR, as the emerging super power attempts to displace the worlds existing super power as I covered at length in dozens of articles and videos over the past 2 years.

The Dow In terms of my trend forecast:

Basically nothing much has changed since my update of 26th November (Dow 24285) , that warned whilst volatility was much higher than we had become accustomed to, nevertheless the overall trend forecast still remained intact. Which is where we still stand today as we move into the final leg of the stock market trend forecast. So yes, it is not pretty but my expectations remain for a SANTA RALLY to Dow 27k.

Dow Short-term Trend Analysis

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Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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