On January 19, 2023 it was observed that trading patterns in the Dow were similar within specific time frames from April 2022 and January 2023. A review of Nasdaq trades on January 20, 2023 revealed a retracement structure over the last three trading days is similar to five trading days between March 29, 2022 and April 4, 2022. The peak on March 29, 2022 occurred prior to the start of its decline going into April 2022.
Stock chart courtesy of StockCharts.com.
