Friday, August 12, 2016

Dow Theory Update for August 12: Primary bull market signaled yesterday

I don’t have much time to write since I am travelling.

However, yesterday, October 11, at the close, a primary bull  market was signaled according to Schannep’s Dow Theory, as the Industrials finally bettered their secondary reaction closing highs, and thus confirmed the SP 500. More about the setup that led to the signal here and here.

 With luck, I’ll plan to delve further into this signal next week.


The Dow Theorist

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