The development of parabolic structures is progressing. An Engrbytrade™ model representation of parabolic structures provides a comparison between the 1913 – 1933 Dow structure and 1993 – 2023 Dow structure. This parabolic structure also crosses over to the NASDAQ Composite, as shown below. A sharp decline in the NASDAQ is expected in 2023.
Stock charts courtesy of StockCharts.com.
