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wavetimer
Mar 23, 2023 8:16 PM

DOW TRANSPORTATION JUST STARTING DOWN Short

Dow Jones Transportation AverageDJ

Description

The chart posted is that of the DJT . As everyone is focused on the qqq and sp 500 and the flight to safety in tech DO NOT ASK ME WHY BTW . The markets are now in the HOPE stage. This is usually followed by Fear and then Despair . and then the last stage Denial . that is the BOTTOM
Comments
Majorking1
A bullish divergence just happened on the daily, last time it did was June 2022, would that change the trend like it did last year?
wavetimer
@Majorking1, it is 5 wave down I would tend to think we would have this sector rally for about 1.2/1.6 weeks
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