Dow Jones Industrial
Dow Jones Transport
Dow theory: The two averages should be moving in the same direction. When the performance of the averages diverge, it is a warning that change is in the air (wikipedia).
In the first divergence,Dow Transport reaches a new high but Dow Industrial don't and some time before we saw a fall of both indices.
Now, with the second divergence, is Dow Industrial the one that reaches a new high and Dow Transport don't. We will expect a fall of both indices,soon?.
In the blue circles we are showing the coincides and in the red circles we are showing some differences.