Stock chart courtesy of StockCharts.com.
After a detailed review of weekly data for the Dow, it is apparent that Exchange Insiders are in the process of updating a template from 1929 for a stock market decline that is expected to be larger than what occurred between February 10, 2020 and March 23, 2020. The 38 week structure developed between March 23, 2020 and December 11, 2020 is strikingly similar to the 39 week structure developed between December 10, 1928 and September 7, 1929. A decline is expected to occur between December 14, 2020 and February 26, 2021 with a preliminary estimated close in the range of 19,595 (+/-2%).