unique4x
Short

Dow Jones Transportation Average Hinting Of Trouble Ahead

DJ:DJT   DOW JONES TRANSPORTATION AVERAGE
We normally don't publish equity ideas but this chart is worth noting as it directly relates to the U.S. economy. The Dow Jones Industrial Average             and the Dow Jones Transportation Average are highly correlated for many reasons as you can imagine. A quick look at the chart and you will see the current divergence in that correlation. Simple said, if an economy is not producing many goods than there is less need for shipping, indicating the economy is slowing or struggling. Historically the Dow Jones Transportation Average leads the Dow Jones Industrial Average             and at the very least lends confirmation to the Industrial Average.
DOW theory

that shooting star kills transportation
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out