How About Now Dow?

Now that the first nine months are behind us, let’s look at monthly bar charts of the three major Dow Jones averages. To be clear, the rightmost bar is for September 2026.

Pretty solidly bearish, wouldn’t you say? I sure would.

Of course, the AI Bubble didn’t get the memo, so most other indexes totally shrugged off September’s reputation as a down month. Let’s see if the Dow is signaling the future of the market or not.