Dow: Repeating Structures

The one hour Dow futures chart structure developed as a rising wedge between 2:00 p.m. on March 4, 2021 and 6:00 a.m. on April 22, 2021 appears to be similar to the one hour chart developed between 8:00 p.m. on January 7, 2020 and 3:00 p.m. on January 20, 2020.   Both structures completed 84% of their rising wedge. This indicates the Dow futures chart is now expected to start a move down to 30,810 (+/-1%) by May 31, 2021.

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