Daily engrbytrade™ Dow calculations continue to show a path to 38,473 over a very short period of time using a move similar to what occurred between October 13, 2021 and November 8, 2021. Preliminary calculations indicate a peak by February 9, 2022. This move should complete the engrbytrade™ 1929 model. In the interim, the Dow is expected to move up in the futures market to 36,830 to fill a gap created in the 5 minute chart on January 5, 2022.
Intermarket structural analysis research