Tuesday 16th July, 2024, page-2

  1. 37,496 Posts.
    lightbulb Created with Sketch. 407
    The Russell 2000 and DOW Transports generally move roughly in sync with the DOW, S&P and Nas.

    However from late May, both diverged markedly … and remarkably have corrected dramatically over the last 4 trading sessions.

    The following charts show comparison with the S&P … Divergence was more so with Nas and less so with DOW … the DOW itself has been correcting upwards over the last 4 sessions.

    Now, all guns are loaded lol

    DOW Transports …

    https://hotcopper.com.au/data/attachments/6314/6314575-eb9d8da96e79aa55f40ff0472279e6c5.jpg


    Russell 2000 …

    https://hotcopper.com.au/data/attachments/6314/6314572-c7619f2a51d4f2072fa19ce5986f8132.jpg


    Dex
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.