On January 26, 2024, a decline preview of the Dow was provided to show how Market Makers initiate a decline without revealing their intentions to the public. The next phase for Market Makers is to coordinate a selected tech stock decline. This will be done using Apple, Cisco, Honeywell, and Intel while the public is distracted with new highs in the Dow.
“In a bear market specialists (currently known as Market Makers) will invariably advance the Dow on a Friday in order not to allow pessimism to build over a weekend—…” Richard Ney, Wall Street Gang, 1974, page 92
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.