As discussed on October 17, 2020, the Dow declined today to within 1% and 1 trading day of the expected trading range. Based on current Dow structure calculations and engrbytrade embedded trade markerTM, a trading range of 18,748 (+/-1%) is expected by December 4, 2020 (+/- 1 trading day). Additional calculations will be needed to focus on a final trading range and date. In the interim volatile short term trading by Market Makers is expected as they continue to setup for a year end decline.
Intermarket structural analysis research