The Traderszone Network

Published in TZ Latest News 6 September, 2014 by The TZ Newswire Staff

All Three Dow Averages Are Rising Together

My Wednesday message showed the Dow Industrials and Transports testing their summer highs. The bars on top of Chart 7 show that the Dow Transports have hit new highs (led by rails and truckers). The Dow Industrials, however, are still testing their July peak. The Industrials need to hit a new high to confirm the upside breakout in the Transports. Odds for an upside breakout appear pretty good however. It’s usually a good sign for the industrials when the more economically-sensitive transports are leading it higher.

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