Dow: October 2008 vs 2022

The Dow continues to follow its 2008 template, as shown in the daily charts below. Based on daily engrbytrade™ Dow calculations and structural development, a move up to 31,044 (+/-1%) in the futures market by November 4, 2022 is expected before moving lower.

Stock chart courtesy of StockCharts.com.

Disclaimer

October 2 – 14, 2008                               October 4 – 14, 2022