This DJT breach is Part of a Negative Divergence Going On with the DJI

By: Marty Chenard | Fri, May 22, 2015
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This is a chart on the Transportation Index (Dow Transports).

The DJT breached its 8527.68 support on Wednesday, and closed back into its trading range yesterday.

Inflowing Liquidity is still strong right now, but this DJT breach is part of a negative divergence going on with the DJI. Because the DJT had a breach, it must be closely watched now.

Transportation Index (Dow Transports)

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
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