On April 18, 2023 it was noted that daily Engrbytrade™ E-Mini Dow futures calculations (from April 17, 2023) indicated a change in direction was imminent. A second daily Engrbytrade™ E-Mini Dow futures change in direction signal occurred on April 18, 2023. The last time two signals occurred in two days was on October 10 – 11, 2022. This was followed by a 34 trading day rise. The two signals from April 17 – 18, 2023 indicate a sharp decline is expected.
Stock chart courtesy of StockCharts.com.
