Dow: Price to Volume Positioning 9/15/23

On September 15, 2023 daily Engrbytrade™ price to volume positioning calculations indicated the Dow is expected to make a brief move up to 35,630. This move is on a smaller scale compared to calculations for what occurred between March 17, 2023 and May 1, 2023. It also appears to be a coordinated effort in support of filling the S&P500 August 1 – 2, 2023 gap.

Stock chart courtesy of StockCharts.com

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