Dow: Stock Accumulation

On September 24, 2020 the Dow hit an intraday low of 26,537.01 and was within the 1% range discussed on September 22, 2020.  A detailed review of Market Maker and Commercial Futures Trader trading structures on 9/3/20, 9/4/20 and 9/18/20 indicates Exchange Insider stock accumulation and contract adjustments are expected to move the Dow up to 31,487 (+/-1%) by January 27, 2021.  This move upward provides additional time for Exchange Insiders to distribute stock and accumulate short positions prior to a long term decline.

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