December DJI Strength.
 (C) 2016 Wm Schmidt, Ph.D.  www.tigersoft.com
 http://www.tigersoft.com/Peerless-Research/December-Strength/INDEX.htm

 What happens when DJI is more than 1.019%
 over the 21-day ma between December 18th and 20th?
 Nearly always the DJI goes considerably higher.
 Here are all the cases since 1965 when the
 DJI was in a bull market.

  12/17/1942   1.029  118.7 to 136 in March 1943
  12/20/1943   1.023   136.1 to 141 in March 1944 
   12/16/1949  1.019   198 to 224 in June 1950
   12/20/1954  1.023   397 to 419 in March 1955
   12/19/1956  1.024   494  rally only end of year where S16 occurred.
  
   12/19/1958  1.024   573  to 640 in May 1959
   12/18/1959   1.024   676  rally only end of year where S9 occurred.
   12/19/1960  1.024   616  to 700 in May 1961
   12/17/1963  1.023   766  to 830 in July 1961


  12/18/1970   1.027  825 to 950 in April 1971   (start of bull market)
 
  12/20/1971  1.048   885 to 970 in April 1972  (start of recovery after sell-off)
  12/18/1984  1.02   1212  to 1275 in Feb. 1985
  12/19/1985  1.035  1544 to 1800 in May 1986
  12/19/1988  1.029  2173 to  2325 in Feb 1989|
  12/19/2003  1.029  10278 to  10700 in Feb 2004
 
  12/16/2010  1.02    11499 to  12700 in April 2011
  12/20/2011  1.022  12104   to 13100 in April 2012
 
  17 previous cases in bull markets since 1929: 
             
               10 very big runs developed.
                 5 gains of about 5%
                 2 cases, a Peerless Sell stopped the market at the end of the year.

               8 Paper losses:  1%  - 3%

                          1943  - 1% to 2%.
                         1949  - 2% 
                         1954  - 2% to 3% 
                         1960  - 1%
                         1963  - 2%
                         1984  - 2%
                          1985 - 3%
                         1988  - 2%