Monday 14 June 2021

Markets Are on the Edge of a Cliff

Markets are on the edge of a cliff (with this sell signal trigger?). The major markets such as the Dow and the S&P have had a strong rally so far this year. However, there is an interesting and important market theory called the "dow theory" which looks at both the Dow Jones Industrials and the Dow Transportation. The link between transportation and industrials is key in both the stock markets and in the economy. The transportation index is usally very sensitive to shifts in the economy. So in this video we shall look at both and see if there are any potential warning signs. One key warning sign is something called the "dow theory sell signal". We shall explain and look at the charts. TA Video by Alessio Rastani.