It appears that September 2024 will provide an opportunity to test the 1929 model. On September 3, 1929 the Dow hit its peak. The rest was history. Today the Dow is in a very similar position as it nears the 461.80% level shown below. Any number of events could precipitate a decline. Central bankers and Market Makers will be the determining factor.
Note that this information is for educational purposes only and not a recommendation.
Charts courtesy of StockCharts.com.
