Dow Jones Industrial Average (prediction with proof)
The day was good until the opening of the market. US traders will definitely remember this day until their death.

NOW, what was happen on that date?
Ok, let's start from scratch. To make understand the viewers
every country has its stock market & every stock market has it index like in India we heard about NIFTY, SENSEX, BANK NIFTY, etc.
Like that US has its stock market where it also has its index like NASDAQ, S&P500, DOW JONES, etc.
also read:
Why Yes Bank failed?
Now we all know that how continuously corona virus is spreading & for that China's export or we can say our import from china is completely band.
Now in this stage we all know that how much we are coverd with chiness product. & for this reason not only US market but also every countries market droped certainly. & it was normal.
But here the abnormal thing is most of the US index dropped ferosusly.
see the picture of DOW JONS

where march 19 it was 55k now it became & 23k. see picture below

where
NASDAQ index droped by

NASDAQ index droped by 14.75 % in this 5 day span.
also read:
Future of IT companies after Covid-19
S&P 500 dropped by

S&P 500 dropped by 14.91 %
we can find drpooed percentage is almost same Why cause market beta is almost same close to 1.
Now why all person is worried about DOW JONES.

cause DOW JONES comprises of 30 stocks

also read:
Why Vedanta is going to delisting its share from stock exchange?
WHY SO drop?
Trump’s announcement of travel restrictions for
most European countries added to concerns over disruptions to travel and trade,
while the World Health Organization’s warning over “alarming levels of
inaction” by governments in corralling the virus further raised the
alarm.
“Markets
reacted negatively to what was perceived as a solemn but confused speech that
placed blame on other nations, omitted to focus on immediate actions to relieve
the most affected individuals, and lacked in concrete fiscal and health
measures to address the economic and financial impact of the virus,” Gregory
Daco, chief U.S. economist at Oxford Economics, said in a note.
European
markets were down 10%, even after the European Central Bank announced more
stimulus measures. World markets are enduring violent swings amid uncertainty
about how badly the outbreak will hit the economy.

Some
economists questioned whether interest rate cuts from the Federal Reserve will
be enough to ward off the economic impact from the virus that threatens to
disrupt global supply chains.
The
central bank made an emergency rate cut last week, the first outside of a
regularly scheduled meeting since the global financial crisis. But it did
little to calm jittery investors, who are debating whether those methods can
still prod Americans that are fearful of contracting the virus to visit malls
and restaurants.
The U.S. Stock Market Crash Will Bankrupt These 3 Companies
- Royal Caribbean Cruise has already lost 54% of its value over the last year. Recently, President Trump assured cruise line companies of help, raising hopes of a bailout. But a bailout won’t happen.
- American Airlines has unsustainably high long-term and short-term debt levels. As the fallout of coronavirus hits, it will probably be the first one to go bust among the airlines.
- Occidental Petroleum is another candidate for bankruptcy because of a terrible balance sheet and the ongoing oil price war between OPEC and Russia.
Now the actual question is it abnormal drop or not?
Let compare with Indian DATA. See the SENSEX

SENSEX also dropped by 15% within this 5 day span
ok lets see NIFTY

surprisingly NIFTY also dropped by 15%.
So we found that this coronavirus hits all over the world with the same impact. whether it is US or INDIA or other countries.
so we can't run from it. NOW it is the duty of the investor not to panic every time.
prediction of the market:
after analyzing all this data it can be predicted that in 13th march,2020 market will up in the Asian side but it will deteriorate in the US market cause trump's announcement will definitely impact the market for long run. but in 3 to 4 days DOW JONES, SP500, NASDAQ index will be up by some point due to investors' activity of ( buy spot, sale future). & this will continue for some of the period , most of the people go for intra-day. so the index will be very volatile for some days. BUT I can say in the one-month market is going to see its very dark stage.
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