Friday, January 18, 2008

Dow Industrial vs Dow Transports

The relationship between the Dow Industrial and the Dow Transports will often signal important turning points - We will use WEEKLY - DAILY or INTER-DAY patterns to get the important signal

We are always looking for DIVERGENCE - which appears twice on the two charts - can you spot it? Hint - the second divergence (positive) is appearing today, Friday.

5-Day Trading Dow Industrials Monday to Friday 2:30 pm - still under pressure
5-Day Trading Dow Transports Monday to Friday 2:30pm - note the higher price



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