A review going back to 2010-2011 identified a repetitive Dow Index pattern that can be seen covering various time lines. Each of the following time lines produced a chart with 17 turning points. Additional research is still needed to determine the reason(s) why these charts consistently develop 17 points. But, at the moment the Dow is in the process of developing its 14th turning point. Based on previous charts, when the 14th turning point is complete, a sharp decline is expected within a two month window.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
