tradingichimoku

DOW Transportation. Is the DOW Theory suggesting a bearish move?

Short
DJ:DJT   Dow Jones Transportation Average Index
Is the DOW transportation index showing that the economy is spluttering?

The bearish candle on July 27?

Currently, the price level is trading inside the kumo which suggests that it has not resume its bullish move.

The leading kumo suggests that it may be twisting soon and a confirmation that a change in trend may be underway.

Watch out for level 9143
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.