claydoctor
Short

DOWI - AAPL - IYT relationship

DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
117 1 4
Setting up for another trip to the 200 DAY MA dip or breakout? Just pointing out the set up sfrom before. Blue circles are bollinger top of band break out just before dip. Theory: new highs in either the Dow Jones Industrials needs to be confirmed by the Dow Jones Transports, or vice versa. Have to factor in Apple             here also, and its double top . Note the time frames, we are overdue.
note RSI break out top of trend just prior to dip, false break out, and MACD stayed downtrend.
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