Chart courtesy of StockCharts.com
On January 8, 2021 the Dow hit an Engrbytrade level of 3.618 in the chart structure shown above. From this level the Dow is expected to roll over and start moving lower. This structure has occurred numerous times in the past. One example occurred between May 20, 1987 and August 25, 1987 prior to the October 1987 crash.