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DownloadIndustrials Fail To Confirm Transports
ARTICLE SYNOPSIS...The Dow transports raced to a new all-time high this month, but the Dow industrials is lagging badly with a bearish pattern in the works.
Industrials Fail to Confirm Transports
ARTICLE SYNOPSIS...Dow Theory was last discussed in late May. At the time, the Dow Transports moved to new reaction highs, but the Dow Industrials had yet to confirm. Since then, the Dow broke above its January highs (blue arrow) and moved to a new reaction high at 9323. I
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