On Friday, November 16, 2019, the Dow closed above 28,000 for the first time in history. Since January 29, 1985 and now when the Dow reached 28,000, its average annual return has been 9.24%. This means that Dow crossing only signifies that the markets will behave as they always do: volatile and trending upward. If this Dow 28,000 were an average crossing, we would expect to see the Dow trading up 10.62% at 30,973 a year from now on November 16, 2020. Here is a complete guide to the Dow crossing 1,000 point milestones:Dow Statistics by David John Marotta Table created by David john MarottaA 20% Bear market at the current level of the Dow would bring the Dow down to 22,400.
Source: Forbes December 04, 2019 12:56 UTC