DJ TRANSPORT/DJ IND-Anomaly-SEE Dow theory below
5 Nov 2016 08:03

DJ TRANSPORT/DJ IND-Anomaly-SEE Dow theory below 

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Dow Theory

In <http://financial-dictionary.thefreedictionary.com/Technical+analysis>
technical analysis, a theory stating that when the
<http://financial-dictionary.thefreedictionary.com/Dow+Jones+Industrial+Aver
age> Dow Jones Industrial Average and the
<http://financial-dictionary.thefreedictionary.com/Dow+Jones+Transportation+
Average> Dow Jones Transportation Average both hit a new
<http://financial-dictionary.thefreedictionary.com/Highs> high or a new
<http://financial-dictionary.thefreedictionary.com/Low> low for a period of
time, it can confirm a previous,
<http://financial-dictionary.thefreedictionary.com/Bullish> bullish or
<http://financial-dictionary.thefreedictionary.com/Bearish> bearish signal.
It is important that both the averages must reach a new high (or a new low)
in order to confirm the
<http://financial-dictionary.thefreedictionary.com/trend> trend.

Farlex Financial Dictionary. C 2012 Farlex, Inc. All Rights Reserved



This is market commentary.It is not an invitation to buy or sell.The
information is correct at the time of writing and the opinion is that of of
the author and can change without notice.


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FACEBOOK 121,50 on support has a gap to 126,00 Graeme Rigby <graeme@krgroup.co.za> DJ TRANSPORT/DJ IND-Anomaly-SEE Dow theory below S&P Future 2106- Jumped 26 pts see chart 4 Nov
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