DJIA failed to hold 13,000, and dipped into the red before last-minute buying resuscitated it into a weak pulse.
While the dow was scaling up over the last couple of weeks, the Dow Jones Transportation average peaked 11 trading days ago and then began its descent.
---the two are out of sync and that's bad, according to Dow Theory.
It looks very much like the transports are leading, the the DJIA is about to follow.
keeping track of the xjo'ers days - wednesday, page-8
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Last
8,374.0 |
Change
73.800(0.89%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,300.2 | 8,446.4 | 8,300.2 |
| XJO (ASX) Chart |