DJIA, DJ Transports have broken out to new 15-month highs

Trend still unwavering, and while some parts of Technology are overbought, it’s meaningful that DJIA and DJ Transports have just achieved breakouts to new 15-month highs.  While a possible time-based peak can happen between now and end of July, market structure is improving, not deteriorating.  August pullbacks likely proves short-lived

Dow Theorists are likely rejoicing, as DJIA and DJ Transportation Avg. (TRAN) have jus...

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