|Dow Trans Review|
The Dow Transports' overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.
Transports, one of the best stocks setups in the Matrix for months, has been in triple upside alignment for 35 days. Daily BuST has climbed above 2, so caution is warranted short-term. Any consolidation would likely be seen as the pause that refreshes triple upside alignment. Let the majority focus on the FANG stocks, the tape says focus on the Transports instead.
Please check out the 10-day S&P 500 to VIX correlation (line 89 of Matrix). I have used this tool as a short-term tool for years and have added it to the Matrix because it's useful timing short-term trend transitions. It's currently sending out a mild warning about stocks.
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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.