The Dow completed its September 21 -23, 2022 decline sequence based on daily engrbytrade™ Dow calculations from price structures between October 11-13, 2021 and May 18 – 20, 2022. A move up to 32,122 (+/-1%) is expected based on today’s futures market price structure. Potential does exist for the Dow to move above 32,610, but additional daily data will be needed to see if the Dow continues to move higher.
Intermarket structural analysis research