Dow: Mini Dow Futures Final Signal

On September 9, 2023 it was noted that a 3rd signal of repetitive computer program selling had not appeared within a 4 trading day window of the September 8, 2023 E-Mini Dow futures signal. On September 14, 2023, 4 trading days after the E-Mini Dow futures signal on September 8, 2023, a process of repetitive computer program selling was observed. This appears to have completed the topping process, which is similar to what occurred between late 2021 and early 2022, as shown in the chart below.

Stock chart courtesy of StockCharts.com

Disclaimer