The DJIA has been making lows at a fairly regular interval of 101 days. The cycle tools overlaid on the daily chart show the pattern, and the average is nearing another cycle low period. This suggests the index will transition out of the March downtrend over the next week. The money flow index, a volume-weighted relative strength measure, is moving higher after touching its oversold level.
A break above the red downtrend line confirms the cycle low but that would have to be accompanied by a pick-up in volume and improving Chaikin money flow.