claydoctor

DOWI - AAPL - IYT relationship

Short
DJ:DJI   Dow Jones Industrial Average Index
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.