Dow: 20 Years Later

The two charts shown below illustrate how structures repeat over different time frames and scales. The current decline is nearing completion, just as it did 20 years ago in September 2022.  Note that angles for the trend lines in both charts are identical and drop 25.03 degrees from the X axis. This supports the Engrbytrade hypothesis that market movements are based on structures created prior to, and implemented during, the course of predetermined time frames.

Stock charts courtesy of StockCharts.com.

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