Dow Theory Update for June 1st: The Industrials make higher closing highs and confirm the S&P 500
However, the Transports refuse to do so US STOCKS The primary trend is bullish since November 21st, 2016, as explained here and here. Today the Industrials closed at 21144.18 that is above their March 1st closing highs of 21115.55. And thus confirming the S&P 500 breakout of May 10th. However, the Transports are lagging behind, […]