Engrbytrade Posts

A “first time” headline for the Dow moving above 30,000 arrived on November 24, 2020. This move resulted in an update to structural calculations indicating extreme price swings are expected during December with a revised intraday low target of 19,174 (+/-1%) by December 31, 2020.

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Note that the Dow 30 minute futures chart structure developed between 8:30 a.m. on November 9, 2020 and 11:30 a.m. on November 24, 2020 is similar to the 30 minute futures chart structure developed between 1:00 a.m. on February 6, 2020 and 7:00 p.m. on February 19, 2020.  Similar structures created prior to, and implemented during the course of predetermined time frames supports the engrbytrade hypothesis that Exchange Insiders, and Commercial Futures Traders are in control and leave nothing to chance.

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Calculations indicate price adjustments in the Dow have resulted in a structural update showing a low of 22,137 (+/-1%) by December 23, 2020.

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The charts shown below compare notional values of the Dow between 1914 -1929 and 1995 -2020.  Adding an additional 24+% to the SP500 (and Dow) within one year, as noted by JP Morgan on November 9, 2020, would drive the Dow up to an estimated value of 36,553 by the last quarter of 2021. By November 2021 the “Great Reset” is expected to turn into the Great Short of 2021-2023.

During the process of building engrbytrade^TM Project 2023, additional data identified Commercial Traders positioning for a repeat performance of March 2009 to May 2015. Upon completion of a decline, as noted on November 10, 2020, Commercial Futures Traders and Market Makers will move ahead with the “Great Reset” plan by developing an extension to their existing project timeline.  This would explain optimistic forecasts, such as JP Morgan expecting 4500 on the SP500 by the end of 2021.

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Based on yesterday’s high of 29,933.83, revised calculations indicate the Dow is expected to reach a low of 18,213.70 (+/-1%) by December 29, 2020 (+/-1 trading day).

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Futures traders were provided with the opportunity to finish a 7 point Broadening Formation structure and push the Dow towards 30,000.  Market Makers will sell short as retail investor’s rush in to buy.  Completion of this formation will setup the Dow for a long term decline.

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Initial calculations indicate the Dow is expected to reach a low of 20,539 (+/-1%) by November 30, 2020 (+/-1 trading day).

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Today, the Dow hit a high of 28,301.50 ahead of schedule and within the trading range of 28,360 (+/-1%) noted on October 31, 2020.  Based on current Dow structure calculations and multiple engrbytrade embedded trade markers^TM, a decline to a trading range of 20,539 (+/-1%) is expected. Additional calculations will be needed to focus on a final trading range and date.

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Based on efforts by Market Makers and Futures Traders to form a base for the next move up, a retracement up to 28,360 (+/- 1%) is expected by November 6, 2020 (+/- 1 trading day) using a rising wedge formation in the futures market prior to starting a decline to 22,715 (+/- 1%).

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Note that a retracement up to 28,431.35 (+/- 1%) is expected by November 5, 2020 (+/- 1 trading day) using a rising wedge formation in the futures market prior to starting a decline to 18,748 (+/- 1%).

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As discussed on October 17, 2020, the Dow declined today to within 1% and 1 trading day of the expected trading range.  Based on current Dow structure calculations and engrbytrade embedded trade marker^TM, a trading range of 18,748 (+/-1%) is expected by December 4, 2020 (+/- 1 trading day). Additional calculations will be needed to focus on a final trading range and date.  In the interim volatile short term trading by Market Makers is expected as they continue to setup for a year end decline.

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It should be noted that the 2009-2020 Dow structure has been constructed in a way that will provide Exchange Insiders the means to continue a significant decline and conduct a major market collapse between August 2021 and October 2021. This collapse is expected to be much larger than 2008 and is in line with the economic collapse noted on October 9, 2020.

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After completing a 7-point rising wedge in the Dow futures chart structure, as noted on October 11, 2020, watch for a decline that will take the Dow down to 26,690 (+/- 1%) on the NYSE by October 27, 2020 (+/- 1 trading day).

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An extreme diversion from the mean in 30 year bond positions mentioned on October 3, 2020 continues to expand.  In addition to this, a 7-point rising wedge structure was completed on Friday, October 9, 2020.  There is a high probability that volatile conditions over the next three months will create a decline leading into mid-January that has the potential to reach 13,000 (+/- 2%).

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On 9/25/20 Commercial Futures Traders initiated a 7-point rising wedge structure that is expected to be complete today. This wedge is visible on the Dow 15 minute futures chart. Their motive for this structure is to provide a decline to 27174 (+/-1%) on the NYSE in order to accumulate additional inventory prior to moving higher.

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On September 24, 2020 the Dow hit an intraday low of 26,537.01 and was within the 1% range discussed on September 22, 2020.  A detailed review of Market Maker and Commercial Futures Trader trading structures on 9/3/20, 9/4/20 and 9/18/20 indicates Exchange Insider stock accumulation and contract adjustments are expected to move the Dow up to 31,487 (+/-1%) by January 27, 2021.  This move upward provides additional time for Exchange Insiders to distribute stock and accumulate short positions prior to a long term decline.

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Calculations indicate Market Makers plan to push the Dow down to 26,352 (+/-1%) by Friday September 25, 2020 (+/-1 trading day). Upon completing this decline, a pivot up to 29,531 (+/-1%) is expected by October 14, 2020 before starting a long term decline.

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