March 25, 2013
Dow Theory Charts - March 25, 2013
Above are Two charts: The Dow Jones industrial and the Dow Jones Transportation Index. As the relationship between the indexes develops, this is the page I will update. You will be able to track the changes with me.
March 25, 2013
The indexes are confirming each other after making new highs. A correction can be expected to around 13800 on the Dow (or higher). If the Dow finds support above 13,800, it will be an indication to buy a tranche of the index. If the Dow fails to hold support, expect the next stop to be around 13,000 followed by 12,550. Watch for support to materialize there before making a buy decision.