Why Tom DeMark Still Thinks Dow Won’t Break 20,000

The video discusses the Dow Jones and S&P projections, highlighting the psychological barrier of the Dow reaching 20,000. It explores market sentiment, recent trends, and global market comparisons, emphasizing the challenges in breaking psychological levels. The discussion also covers market leadership and indices performance, noting the Dow's role post-election and the resistance faced by various indices.

What was the initial projection for the Dow Jones average mentioned in the video?

• 21,175

• 19,434

• 20,000

• 19,909

Why is the Dow Jones struggling to break the 20,000 mark according to the video?

• Lack of smart sellers

• Strong economic data

• Absence of buyers

• High interest rates

Which markets have already fulfilled their projections according to the video?

• Only Asian markets

• US markets

• European and Asian markets

• Only European markets

What was the market's behavior during the February 22nd to the end of the month as mentioned in the video?

• The European market rose 10%

• The Chinese market declined 10%

• The Asian market rose 10%

• The US market declined 10%

Which indices are mentioned as having topped and are currently churning?

• Asian and European indices

• S&P and Euro STOXX 50

• Dow Jones and NASDAQ

• Russell Smallcap and Midcap