Tuesday, September 14, 2021

#Dow Transports Review $IYT

Dow Trans Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to long-term trends, it does not define them. The focus on short-term noise rather than trends, a source of confusion for the majority of investors, leads to the creation of bag holders at major trend transitions.

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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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.