Dow Jones – Weekly Analysis

One month ago, we made a rather bold call on Dow Transports: September would not be pretty. Four weeks later, the index is down roughly 9%. That part of the roadmap has played out impressively well. Now comes the more important question: is the damage sufficient for a meaningful rally—or does the bear still have unfinished business? And, perhaps more importantly, what could the answer mean for the Dow Jones Industrial Average? Today, we examine the latest trend structure, momentum, candlestick signals, key technical levels, and the leading Elliott Wave scenarios to determine which path currently carries the better odds. With September closing in just three trading days, the timing could hardly be more interesting. Is the Dow quietly building a foundation for another leg higher—or is the monthly close about to deliver a very different message? CANDLES & TA Tiny little things. On Friday, the Dow Jones closed with…