This just put the markets on alert (leading indicator warning). What happens when the major stock markets like the S&P rally higher and make new highs, but one key index does the opposite and keeps trending lower? One of the most important elements of stock market analysis is called the "Dow Theory" - which places the transportation index as very important. This is because transportation is very sensitive to shifts in the economy. So what does it mean when the transportation idex does not confirm the stock market rally and diverges from it? Could it be a warning sign, according to the dow theory? We look at the charts and discuss with Manuel Blay, co-editor of the Dow Theory newsletter. Video by Alessio Rastani.
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