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DJIA and DJTA

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billcu
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Username: billcu

Post Number: 3
Registered: 01-2013

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Tuesday, August 18, 2015 - 05:44 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I very much believe in Dow's theory. At least what I know of it. I see recently the DJIA and DJTA are going in opposite directions. What does this mean for the market? And the economy? Does these two indicate both? Economy and Markets that is? A also watch nominal rates. I have noticed the short end backing up and the long end going down. Looks like some pressure building to alter fed funds or policy rates.

Anyway my question is about the DJIA and DJTA. Does the industrials have to be above the transports for things to be valid in direction?

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