Stock chart courtesy of StockCharts.com.
While algorithms continue to repeat, the current rising wedge indicates a move upward will be limited. Based on futures trading structures a solid decline through the lower trend line is expected by February 9, 2022 (+/- 1 trading day). Revised calculations indicate intraday volatility will remain elevated as the Dow moves closer to 36,644 (+/- 2%) before moving lower.