I don't have much time to write.
Yesterday the Transports closed up and materialized a rally exceeding 3%.
Thus, US stocks set up for a primary bear market signal.
See my two previous post for more about the implications.
The Dow Theorist
- Dow Theory Basics
- Dow Theory Flavors
- Face off: Schannep versus “classical” Dow Theory
- How often does the Dow Theory outperform buy and hold?
- Dow Theory Review for 2013
- Dow Theory Review for 2014
- Dow Theory Review for 2015
- Evaluation of Schannep's Dow Theory versus 21 years of buy and hold (1998-2019)