Transports lead. Showing the big picture, trends. Black box is the difference between RELATIVE price of us30
and the DOWT
. Even rotation from small cap to big cap showing weakness "here's your sign". You know what happened after the last death cross, August 24th. We are right at where the next 200 day ma/50 day ma (blue circles) death cross COULD OCCUR. But it also may not, however, IMO
, can't really see how it cannot. But, big money could be in denial, and not ready to exit the building just yet. Might be the "nobody leaves until we say so" syndrome. But, with all this prolonged waiting, man, when the exit doors burst open, the last few out the door will wind up holding the losses.