Charting My Interruption (CMI): “Dow Theory Sell Signals Continue to Build.”

Highlights

  • In today's CMI, we offer a brief primer on Dow Theory, along with a more nuanced version of that more than 100-year-old strategy.
  • The takeaway is that sell signals are mounting as transports continue to falter despite strength from industrials. 
  • This deterioration gets our attention even more so given the still cautious readings from our Risk Gauge.

"Dow Theory Sell Signals Continue to Build."

In 1932, Robert Rhea wrote a book. . .

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