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Dow Transportation fails to Confirm Industrials

by Ashraf Laidi
Dec 9, 2014 19:12

As stocks post their biggest daily declines since mid October on a host of factors, we note a rare divergence between the Dow Jones Industrials Average and the Dow Transportation Average, known as the failure of the Dow Theory. Full charts & analysis.

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Dow Transportation fails to Confirm Industrials - Dow Tran Theory Dec 9 (Chart 1)

 
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