Daily engrbytrade™ Dow calculations indicate the retracement from January 25, 2022 to February 2, 2022 has hit a limit similar to what occurred between December 2, 2021 and December 7, 2021. With Market Makers managing very large block trades after the close, a decline to 34,214 is expected by February 16, 2022. If there is a sharp decline in the 10-Yr Note rate as the Dow declines, this is an indication that Exchange Insiders are anticipating a significant decline in the Dow.
Intermarket structural analysis research