On October 20, 2024, it was noted that a 4th quarter peak is expected before stock markets move lower. The Engrbytrade™ Dow 1929 Model also indicates a quick move to the upside should occur in November and December 2024. The following monthly charts show the Dow to be in a position that is similar to where it was in mid-May 1929, but that can change quickly.
Note that this information is for educational purposes only and not a recommendation.
Charts courtesy of StockCharts.com.
