There has been some discussion on rate cuts of September 18, 2007 and September 18, 2024. The 10-Yr Note rate is expected to decline between October and December 2024, as noted on September 28, 2024. Timing of the Dow would align with a 10-Year Note rate decline between October and December 2024. Charts provide below give some perspective on the Dow’s structure as it moves into October. Additional data will be needed to confirm a decline in the Dow.
Note that this information is for educational purposes only and not a recommendation.
Charts courtesy of StockCharts.com.
