Starting on March 24, 2023 at 7:00 a.m. ET Dow futures have been on a fast track to recreate the Dow 1-hour futures chart developed between May 20, 2022 at 1:00 p.m. ET and May 30, 2022 at 5:00 p.m. The Dow is currently in a similar position to where it was on May 25, 2022. Based on the current rate of speed, it is expected to reach 33,616 (+/- 1%) by April 10, 2023 before moving lower. This move would keep the Dow on the edge of the 2020 – 2023 Dow Symmetrical Collapse model boundary. Data will continue to be monitored for any changes.
Stock chart courtesy of StockCharts.com.
