Dow: Market Decline Structure Setup

On October 10, 2023 it was noted that the 2018 and 2023 10-Yr interest rate charts had similar underlying characteristics based on 10-Yr Non-Commercial futures trader’s positions. The following 2023 Dow chart also illustrates a decline structure setup going into the last quarter of 2023 that is similar to what occurred in 2018.

Stock charts courtesy of StockCharts.com.

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