Since 1929, the Dow Jones Industrial Average has rarely ever been so close to a 52-week high while the Dow Transports AND Dow Utilities were…
Tagged dow theory
Dow Divergences Part 1: Transports
Divergences are one of the most oft-cited arguments in calling tops. They are also perhaps the least accurate. That’s because divergences (whereby one index reaches…
Are Lagging Transports a Sign of Trouble?
The Dow Theory has been covered ad nauseum by others in recent weeks and months. Of course, the Theory is based on the confirmation (or…