Wednesday, September 12, 2012

DIA vs IYT - Divergence

How much longer can Dow Industrials go up without Dow Transports?

click on chart to enlarge

1 comment:

  1. All good things come to an end.

    I think the Transports remains a key warning for the broader market. Yet, with the Fed, 'normal cycles' are being some extent.

    The 'old leader' is certainly to be listened to, and it sure ain't saying recovery.

    still seeking a trans monthly close <5000, since February.