I firmly believe the Dow transports are an important leading metric to identifying the overall strength in the economy.
Since the highs in Feb, transports have not participated in the rally to the upside.
What this tells me under the hood of this economy we are seeing weakness.
Since the highs in Feb, transports have not participated in the rally to the upside.
What this tells me under the hood of this economy we are seeing weakness.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.