Tuesday, September 14, 2021

#Dow Transports Review $IYT

Dow Trans Review
Trading noise, the random movement of price over the short term, does not control trends, cycles, and profits. The majority, an emotionally driven group focused solely on price, often interprets it as meaningful information. This leads to confusion, frustration, missed opportunities, and leaves the majority as the bag holders of trend transitions. The Evolution of the Trade helps investors stand separate from the majority.

The Dow Transports' overall trend, revealed by trends of price, leverage, and time, are defined in The Matrix for subscribers.

Subscriber Comments

Dow Transports ($IYT)

Dow Transports Primary Trend

The primary trend is still UP (LTCO > 0), but the daily trend is down, and the weekly trend's cycles are above 1.

Bonds are not rallying because the Fed is buying everything. The economy is slowing. The Economic Activity Composite confirms it. EAC's ITCO, the intermediate economic trend, is nearly below 0.

Economic Activity Composite (Line 99 Trends Tab)

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