The Dow keeps setting record highs, indicating that Glenn Neely's 'Dow 100k' Forecast is still ON TRACK!
The Dow's Historical Milestones
Since 1988
1988: 1,900
2018: 25,000
2021: 35,000
2024: 40,000
Feb 6, 2026: 50,000 July 6, 2026: 53,055
Many forecasters are surprised by the market's continuous advance.
But not the Wave forecaster who is super-Bullish: Glenn Neely.
So far in 2026, the Dow Jones Industrial Average has logged 21 record closing highs!
The market's upward trajectory supports Glenn Neely's 72-year, super-Bullish forecast that the Dow Jones Industrial Average would reach 100,000 by 2060. Published in 1988, this prediction is now known as his "Dow 100k" forecast. A few years later, in a 1995 workshop -- when the Dow was hovering at a mere 5,000 points -- Glenn Neely announced that the Dow would reach the "astounding" level of 50,000 and continue pushing ever higher. The audience laughed at this "impossible" prediction. Guess what? In February 2026, the Dow surpassed the 50,000 mark. Scroll down to learn more and watch the video of his 1995 workshop.
Meanwhile, the orthodox (traditional) Elliott Wave camp has maintained a super-Bearish outlook as they persistently predict a doom-and-gloom collapse of the markets. As with the Dow, the S&P 500 continues to push upward, regularly setting new record highs. What will happen when the S&P reaches 8,600? This will be a crucial point in the Wave Theory Showdown of the Century because the orthodox Elliott Wave camp will need to pivot from Bearish to Bullish. In other words, they will need to publicly agree with Glenn Neely's long-term, super-Bullish forecast published in 1988! The accuracy of his 72-year forecast is proof that NEoWave (advanced Elliott Wave) has a far more accurate track record than orthodox Elliott Wave. Read more about the Wave Theory Showdown of the Century.
Glenn Neely's "Dow 100k" forecast may be the longest stock market prediction ever published.
In 1988, Mr. Neely published a brazen 72-year Wave forecast predicting the US stock market would continually and exponentially escalate in the coming decades. His Wave forecast predicted that by year 2060, the Dow Jones Industrial Average would exceed 100,000. Glenn Neely's forecast has become known as "Dow 100k." The Dow's 2026 all-time highs (50,000 in February and 53,000 in July) certainly indicate that his long-term forecast is still on track.
These stock market all-time highs continue to surprise many Wave forecasters, especially those in the orthodox (traditional) Elliott Wave camp. However, Glenn Neely is NOT surprised. Many in the orthodox Elliott Wave crowd still cling to the idea that the markets will tumble down, down, down. While markets certainly do move up and down, Glenn Neely's super-Bullish NEoWave forecast predicts a continued, long-term upward trend.
Now, after 38 years, it appears this 72-year Dow Jones market forecast may be the most accurate long-term forecast ever published!
"At the time, I was calling for a massive Bull market, projecting the Dow to get to 30,000 and then 40,000, and even higher over many years, and we are there now."
He says, "This nearly four-decade-long NEoWave forecast is still working!"
Glenn Neely adds: "It's interesting to note that orthodox (traditional) Elliott Wave forecasters have basically been proclaiming 'end of the world' bear markets for nearly every one of the last thirty years. My long-term, super-Bullish outlook is a HUGE differentiator between NEoWave and the orthodox crowd. Currently, the Dow is exactly halfway through the longest vertical price advance drawn on the chart that I included in my 1988 forecast."
HEADS-UP WAVE FORECASTERS:
Watch as a decades-long SHOWDOWN unfolds between NEoWave and the orthodox Elliott Wave camp!
Here's the exciting situation that is unfolding: For decades, Glenn Neely has published super-Bullish forecasts for the US stock market (including his "Dow 100k" forecast). Meanwhile, the orthodox Elliott Wave camp seems to believe the US stock market is at the tail end of a 100- to 200-year-long Bull market and will begin hurtling downward, like a speeding train, toward a 1929-style crash.
"But they will be wrong!" says Glenn Neely. "Their bearishness and pessimism will deteriorate as the markets gain momentum in the most powerful BULL MARKET OF ALL TIME into the year 2060!"
Neely, Glenn; Hall, Eric (1990-04-01). Mastering Elliott Wave: Presenting the Neely Method: The First Scientific, Objective Approach to Market Forecasting with the Elliott Wave Theory (2nd ed.). Brightwaters, NY: Windsor Books. p. 1. ISBN 978-0-930233-44-0
Read Glenn Neely's original article presenting his "Dow 100k" forecast, written and published in 1988
Read Mr. Neely's article, titled "The Future Course of the U.S. Stock Market: An Elliott Wave Viewpoint," which steps through his 72-year stock market forecast. When you read the article, you can track the Dow's progress from 1988 to present day, along with Mr. Neely's forecast all the way to 2060.
Watch a brief video of Mr. Neely explaining his "Dow 100k" forecast
In this 10-minute video workshop, Glenn Neely explains his long-term forecast. In 1995 - when the Dow was below 5,000 - Mr. Neely presented a workshop where he stepped through the reasoning behind his long-term (72-year) forecast. He shows his chart and explains his reasoning behind his forecast, which predicts the Dow would reach 100,000 by 2060. His incredible (and accurate) long-term forecast has become known as "Dow 100k." Thankfully, this workshop was recorded, and you can watch the video! In this video, he notes that the Dow would reach the "astounding" level of 50,000 and even higher - a goal that most traders and Elliott Wave forecasters considered to be impossible at the time!
Highlights from Glenn Neely's 1995 video (when the Dow was below 5,000):
Mr. Neely starts by showing the Wave structure for the entire history of the U.S. stock market, pointing out the long-term growth trajectory.
He explains that his long-term (72-year) forecast - published in 1988 - indicates the stock market will continue to progress and advance for decades, going into about 2060.
In this video, Glenn Neely says,
"The future force - or power - of the market is so great that the correction is stretched upward ... an upward drift that concludes a huge double-three-running second Wave correction [that began] in 1949. The market began its largest, most powerful, persistent advance in the history of the United States. ... What does that tell you? It tells you the market isn't slowing down. We're moving into a period of increasing momentum. [As a reminder, the Dow was below 5,000 at the time of this 1995 video.] ... Eventually, on a long scale, we're talking about the Dow going up to 10,000, 20,000, 30,000, 40,000, or 50,000 over about 60 years. This sounds outrageous to a lot of people. ... When you think of it in terms of historical logarithmic percentages, it's very plausible. ... This is extremely possible."
