Underlying futures trader positions and intermarket relationships between the Dow, 30Yr Bond, Copper and U.S. Dollar indicate a major decline is expected over the next two years. There is a high probability the Dow will repeat a structure similar to that of October 2007 through March 2009, ultimately dropping below 6,000. As of January 15, 2021, data indicates the Dow is in the same position as it was on October 11, 2007.
Intermarket structural analysis research