A repeat of the Dow structure from late August to early September 2022 is in progress. Daily engrbytrade™ Dow calculations show that by the third business day after September 21, 2022 (September 26, 2022) the Dow is expected to start moving higher. This is similar to what occurred after October 11, 2021 and May 18, 2022. A move up to 31,715 (+/- 1%) is expected in the futures market.
Chart courtesy of StockCharts.com.
