The decline in 2022 is a reflection of what occurred during 1973. The chart below shows a trend line of 33.72 degrees below the x-axis and it appears this will be used during the first half of 2023, as it was in 1974. A move down to 31,071 (+/- 1%) is still expected to occur. Everything is planned.
Stock chart courtesy of StockCharts.com.
