So many things looking good lately. Not so much for transports. $IYT in a dangerous spot. Something to watch pic.twitter.com/Pkqf7xIzlE — Gregory Krupinski (@G_krupins) May 24, 2024 🏆 Today’s Chart of the Day was shared by Gregory Krupinski (@G_krupins). The S&P 500 closed higher for the fifth consecutive week, although it was essentially unchanged (+0.03%). […]
Chart of the Day – Monday, November 28th, 2022
$DIA broke above its August high, while $DJT did not confirm the move pic.twitter.com/2HfIz4RGGo — Stacey.A.Lee (@BBaxter2020) November 28, 2022 Today’s Chart of the Day was shared by Stacey A. Lee (@BBaxter2020). The Dow Jones Industrial Average (top) has been the only major index to break above its August highs. However, that breakout is failing, considering […]
Chart of the Day – Wednesday, May 18th, 2022
Transports are taking out a key support level as they are resolving lower from a 12-month distribution pattern. pic.twitter.com/Ha5kTZJVHm — Alfonso Depablos, CMT (@AlfCharts) May 18, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a weekly candlestick chart of the Dow Jones Transportation Average over the past five years. Transports suffered […]
Chart of the Day – Monday, August 16th, 2021
Dow Theory non-confirmation was triggered when Industrials made new highs and Transports did not. $TRAN now back above 50-day moving average driven by rails, delivery services. Enough to rotate back to Dow Theory buy signal? $INDU $DJIA $DJIT pic.twitter.com/AldMFOh9ru — David Keller, CMT (@DKellerCMT) August 16, 2021 Today’s Chart of the Day was shared by David […]
Chart of the Day – Thursday, June 10th, 2021
Transports $DJT rolling over and diverging from $SPX this week. Historically a negative for overall Market but not much making sense right now. @TDANetwork pic.twitter.com/aJBTLZ7B0s — Tom White (@TomWhite_S) June 10, 2021 Today’s Chart of the Day was shared by Tom White (@TomWhite_TDAN). It’s a daily candlestick chart of the Dow Jones Transportation Index over […]