To provide an illustration for a move up that is expected to occur between the last week of September 2022 and first week of October 2022, the following charts show a comparison between 2004 and 2022. The December 2003 to September 2004 Dow structure is not an exact replica, but is similar to the December 2021 to September 2022 Dow structure. Following this move up a decline will depend on Market Makers and bankers going into the end of the 2022 fiscal year. As data becomes available, adjustments may be needed.
Chart courtesy of StockCharts.com.