In addition to the post on January 25, 2023, chart structures with a four day rise, followed by a brief decline and another four day rise have a history of being predecessors to a decline. This includes time frames in the following charts when the Dow declined from October 3, 2018 to December 24, 2018 and December 27, 2007 to January 22, 2008.
Stock chart courtesy of StockCharts.com.
