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TheAnonymousBanker
Feb 28, 2019 5:04 PM

[DJ-T] UPTREND COMPLETED? 

Dow Jones Transportation AverageDJ

Description

Hello Traders!
One of indicators to measure the US economy (and therefore SPX) still remains the transport index, and as shown on the chart, this indicator may have completed the upward movement (or almost). That said, in the coming weeks we will continue to monitor the support, and if it is broken, it is possible to develop an interesting bearish leg.

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Thank you for support and trade with care!
Comments
Victor.Y.F
Thank you Sir! The wave 1 looks like completed, now the wave 2 complex form. A same correction from 2015 Jan. to 2016 Jan.
Walentine
Why it is important?
NeverNO
Hi, very nice Chart.

What is your opinion on Dow Jones Industrial Average Index? Similar!? If you could post that nice Chart too, it would be really great. Thx
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