Last week, The Dow Jones Industrial Average hit an all-time high and crossed 27,000 for the first time ever. On the other hand, The Dow Jones Transportation Average is still about 9% below its all-time high. Some experts are citing Dow Theory as a reason for concern going forward while others argue that this century-old […]
Price Momentum Oscillator Points to a Pullback
Every Friday, Carl and Erin Swenlin put out a video summarizing their market views based on the DecisionPoint Trend and Momentum Models. The show is called DecisionPoint and is broadcast on StockCharts TV’s Youtube channel, here. Below is a matrix illustrating the current trend and momentum outlook for the four US equity indices tracked by […]
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