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Registered User
Joined: 12/19/2004
Posts: 457
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I was looking at the charts for the DJ-20 (Transports) and the DJ-30 (Industrials).
The Transports are now in a downtrend. A double top on the daily (and weekly) close chart was confirmed with a breakdown below the 6/13 low (4441) on 7/26/06.
Should the DJ-30 violate the June low (less than 4% away), that would confirm the trend in the Transports, and lead to a Dow Theory sell signal.
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Registered User
Joined: 8/15/2006
Posts: 3
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iwant to know techical chat abiut indian mkt nse
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Registered User
Joined: 8/15/2006
Posts: 3
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any one suggest me i can looking at the indian stock marker chat (NSE) CONTUNUOS daily basis
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Registered User
Joined: 3/9/2005
Posts: 71
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It seems you are tenatively aware of the mixed messages of TRAN going down and DJX going up.
A sign of what led up up to the 1987 black Monday was those two birds doing the opposite swing.
Will it reoccure, who knows?
Those two elements in opposite directions don't do well for the market from what I've seen.
Keep your stops current.
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Registered User
Joined: 3/7/2006
Posts: 244
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QUOTE (robwiley)
Keep your stops current.
Always good advice.
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