The week before Black Monday 1987, the Dow was under selling pressure for several days leading up to the weekend. This past week, The Dow sustained two large declines on Thursday and Friday. Monday could prove to be a highly volatile trading day in the stock market, as China attempts to trade oil futures contracts on March 26 priced in Yuan and not in Dollars. Seeing how the Asian stock markets fare when they open may give a clue of what to expect on Monday and this coming week.

Dec 31, 1986: DJIA closed at 1,895 points
Aug 1987: DJIA peaked at 2,722 points
(+43.6% over previous year's closing)

Oct 14, 1987: DJIA dropped 95.46 points (-3.8%)
Oct 15, 1987: DJIA falls another 58 points (-2.4%)
Oct 16, 1987: DJIA drops 108.35 points (-4.6%)
Oct 19, 1987" DJIA tumbles 508 points to 1,738.74 (-22.61%)

Nov 9, 2016 (day after Trump's election): DJIA closed at 18,589.69
Jan 26, 2018: DJIA hit an all-time high of 26,616.71 (+43.2% from Trump election)

Source: The Wall Street Journal
http://quotes.wsj.com/index/DJIA

Mar 21, 2018: DJIA lost 44.96 points to close at 24,682.31 (-0.18%)
Mar 22, 2018: DJIA fell 724.42 points to 23,957.89 (-2.93%)
Mar 23, 2018: DJIA dropped 424.69 points to 23,533.20 (-1.80%)
Mar 26, 2018: ????

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Petro-Yuan contracts expected to begin on March 26th
The Evemt Chronicle
February 26, 2018
Click here

Dow ends near record highs following election of Trump
MarketWatch
Published: Nov 9, 2016
https://www.marketwatch.com/story/dow-futures-plunge-500-points-but-pare-losses-as-trump-closes-in-on-us-presidency-2016-11-09

The Dow Jones Industrial Average DJIA, -1.77% gained as much as 316 points, briefly surpassing the all-time closing high set in August. The index closed 256.95 points, or 1.4%, higher at 18,589.69, its highest level since Aug. 18.

The Dow Jones Industrial Average's highest closing record is 26,616.71 set on January 26, 2018
BY KIMBERLY AMADEO | The Balance
Mar 22, 2018
https://www.thebalance.com/dow-jones-closing-history-top-highs-and-lows-since-1929-3306174

Black Monday (1987)
From Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Black_Monday_(1987)

Timeline

In late 1985 and early 1986, the United States economy shifted from a rapid recovery from the early 1980s recession to a slower expansion, resulting in a brief "soft landing" period as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2,722 points, or 44% over the previous year's closing of 1,895 points. Further financial uncertainty may have resulted from the collapse of OPEC in early 1986, which led to a crude oil price decrease of more than 50% by mid-1986.[2]

On October 14, the DJIA dropped 95.46 points (3.8%) (a then record) to 2,412.70, and fell another 58 points (2.4%) the next day, down over 12% from the August 25 all-time high.

On Thursday, October 15, 1987, Iran hit the American-owned (and Liberian-flagged) supertanker, the Sungari, with a Silkworm missile off Kuwait's main Mina Al Ahmadi oil port. The next morning, Iran hit another ship, the U.S.-flagged MV Sea Isle City, with another Silkworm missile.

On Friday, October 16, when all the markets in London were unexpectedly closed due to the Great Storm of 1987, the DJIA fell 108.35 points (4.6%) to close at 2,246.74 on record volume. Then-Treasury Secretary James Baker stated concerns about the falling prices.

The crash began in Far Eastern markets the morning of October 19, but accelerated in London time—largely because London had closed early on October 16 due to the storm—by 9.30am the London FTSE100 had fallen over 136 points. Later that morning, two U.S. warships shelled an Iranian oil platform in the Persian Gulf in response to Iran's Silkworm missile attack on the Sea Isle City