On October 13, 2024 it appeared Market Makers were using algorithms to reproduce mathematical relationships used in the 2018 Dow chart structure. The market rally this week revealed a pattern that is similar to September 2018. Based on this, the remainder of 2024 is expected to be similar to September and October 2018. Key points are identified in the following charts.
Note that this information is for educational purposes only and not a recommendation.
Dow charts courtesy of StockCharts.com.
