We've been noting a Dow Theory non-confirmation in NFTRH over the last few months as the Transports have declined while the Dow has gone on to tick new highs. The…
There are still several market internals indicators that are weak, especially regarding breadth. But one indicator that has flashed positive for a few weeks now is the Transports vs. Dow.…
Exactly 1 month ago we NFTRH+'d the Transports iShares, IYT using a daily chart to gauge the buy point and the weekly to project the sell point, per this updated…
We have been noting the relatively bullish look of the Transports (and the Airlines) in weekly reports and yesterday Tranny broke upward, only to be reversed today. I saw the…