Based on futures trading data, rate of acceleration, and preliminary risk adjusted structural calculations the Dow is expected to reach point eight of the Engrbytrade Eight Point Trading Model (discussed previously) between August 4, 2022 and August 16, 2022 within a trading range of 33,913 (+/- 1.5%) before moving lower. This point in the model is a key area where the Dow is expected to start a significant decline during the last half of 2022. Updates will be provided as needed.
Intermarket structural analysis research