Saturday, September 26, 2015

DJ TRANS Average Breadth Curve+ Speedo, Sept 25 2015


   Lets look at what the BREADTH CURVE has to say about the Dow Jones TRANSPORTATION Average.   I think by any intepretation, it says it is going down as it has since the Spring of 2015, a good Pointer Bird Dog for what is coming down the tracks, i.e. That light at the end of the tunnel is a Big DIESEL Engine.

Lets look at this from a Weekly View.
The WEEKLY looks as it if does not support the D-J TRANS Average recovering any  upside momentum,  which I think is a pretty bad sign going into October.



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