The Dow is currently in the process of completing a short term Engrbytrade™ Eight Point Trading Model structure, as shown in the following 5-minute chart. Key points are identified based on the Dow 30 cash futures market chart. In the past this structure has typically been seen as a recurring event within Dow futures market intraday structures. A rally is expected upon completion of this structure.
Note that this information is for educational purposes only and not a recommendation.
Dow chart courtesy of StockCharts.com.
