The Dow hit an all-time high of 36565.73 on November 8, 2021. Prior to reaching this peak, calculations indicate the Dow repeated a unique set of daily structures similar to what occurred between July 29, 1929 and the peak on September 3, 1929. Daily Engrbytrade™ Dow calculations indicate the Dow will continue to develop a declining structure similar to what occurred between September 11, 1929 and October 4, 1929. The current decline is expected to continue into mid-December 2021.
Intermarket structural analysis research