by Chris Kimble | Sep 8, 2020 | Kimble Charting
Investors tend to follow the Dow Jones Industrial Average and Dow Jones Transportation Average to gauge the economy and the popular stock market signal, “Dow Theory”. Though laggards this year, both indices remain important and may be nearing a crossroads. In today’s...
by Chris Kimble | Jan 24, 2019 | Kimble Charting
Transports are often considered a leading indicator of how the economy is doing. Since the Septemeber 2018 highs, the Dow Jones Transports Index has declined more than the broad market. This decline looks to be forming a new falling channel highlighted at (1). The...