reports
- Peter Goodburn
NAVIGATOR - Bearish Divergence, Transports & Banking Indices - US$ Dol...
The benchmark S&P 500 index was approaching upside targets last month for the completion of a 3rd wave, 18-month advance that began from the June ’16 Brexit low. It has remained static since reaching those levels, so this month’s report takes an in-depth look at whether a multi-month correction has begun or alternatively, if the index is preparing to extend the uptrend to the next major levels of resistance. A comparative look at the Dow Jones Transportation Average and the KBW Banking index hel...
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