Any questions?

perutradercharts@gmail.com
maparabusa@gmail.com

Wednesday, May 2, 2012

$INDU: Again, Dow theory. New high not confirmed by $TRAN.



Yesterday, the Dow industrial ($INDU) put in place a new, multiyear high but the Dow transport ($TRAN) don't follow,so, based on the Dow theory we can say that there was a big divergence, again, and prices can fall hard.

No comments:

Post a Comment