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Transports 10-Year Bullish Trend Being Tested! Rally Time or Breakdown?

Transports 10-Year Bullish Trend Being Tested! Rally Time or Breakdown?

by Chris Kimble | Aug 19, 2019 | Kimble Charting

Is the DJ Transportation Index presenting a rare buying opportunity? The broad market most likely hopes so! Transports have spent the majority of the past decade creating a series of higher lows. This pattern has created rising channel (1), which started back in 2009....
Transports; Could be repeating 1999 & 2007 pattern

Transports; Could be repeating 1999 & 2007 pattern

by Chris Kimble | Mar 20, 2017 | Kimble Charting

Below looks at the Dow Jones Transportation Index over the past 20-years. Before we discuss the chart below, let me be clear about this, the trend at this time remains up. The focus of this chart is what the highs in 1999 and 2007 looked like. As you can see, in 1999...

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