CapitalHubs
Long

The predicting power of transportation sector

INDEX:DTY0   DJ Transports
415 14 4
Important points to consider:

- Transportation sector has been widely used as leading economic activity indicator
- The correlation of Dow Jones with Dow Transportation index is high
- The divergence between both usually result in sharp rally followed by correction with same magnitude
- After last week sharp drop of the Dow Transportation index there is high probability that we are witnessing the same pattern

CapitalHubs.com
Followed.
Reply
There is an article at seekingalpha this weekend that outlines that the Dow does best after a period when there is a divergence in the Transports. See what you think.
Reply
timwest timwest
http://seekingalpha.com/currents/post/563161
Reply
Find it consistent with my findings. Recall: "The divergence between both usually result in sharp rally followed by correction with same magnitude". This is not my opinion but what happened previous two times.
Reply
Agreed.
Reply
Agreed.
Reply
Followed.
Reply
Followed.
Reply
Agreed.
Reply
Agreed.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out