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No Transports Confirmation of Industrials

by Ashraf Laidi
Dec 16, 2016 18:09

In another record-breaking week in the Dow Jones Industrials Average, the Dow Jones Transportation Average has failed to confirm the Industrials high as required by the Dow Theory. NZDCAD Premium short was closed with a 185-pip gain, while allowing the other remaining CAD long in progress, currently in +100-pip gain.  Read more.

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No Transports Confirmation of Industrials - Dow Theory Dec 13 (Chart 1)

 
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